Soros, OMG!
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Soros works for the export of democracy.
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Soros works for the export of democracy.
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Soros develops philanthropic activities with money he has made through currency speculation.
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Soros develops philanthropic activities with money he has made through currency speculation.
See what I did there?
Some finance-speculation trivia:
In 1997, as economies were crashing across Asia, Malaysian Prime Minister Mahathir Mohammad attributed the crisis to currency traders, in particular George Soros, and called for such trading to be banned. (read more)
As early as spring 1992, Mr Soros had decided that the pound would have to be devalued because it had been pushed into the ERM at too high a rate. ... [The Quantum Fund] did very well out of the collapse of fixed exchange rates in the 1970s and the deregulation of global capital markets. By 1980, Soros himself was worth more than £16.5 million and his fund £67 million. The stage was set for his intervention in the ERM. (read more)
"[N]obody who has read a business magazine in the last few years can be unaware that these days there really are investors who not only move money in anticipation of a currency crisis, but actually do their best to trigger that crisis for fun and profit. These new actors on the scene do not yet have a standard name; my proposed term is 'Soroi.'" (from "The accidental theorist: and other dispatches from the dismal science." - by Paul Krugman).
The panel [of the highest court in France], the Cour de Cassation, upheld the conviction of Soros, 75, an American citizen, for buying and selling Société Générale shares in 1988 after receiving information about a planned corporate raid on the bank. (read more)
Some nation-building trivia:
Former Georgian Foreign Minister Salomé Zourabichvili wrote that institutions like the Soros Foundation were the cradle of democratisation and that all the NGOs which gravitated around the Soros Foundation undeniably carried the revolution. She opines that after the revolution the Soros Foundation and the NGOs were integrated into power. (from Salomé Zourabichvili, Herodote (magazine of the French Institute for Geopolitics), April 2008).
"Soros carried out his will in Ukraine and Georgia by using these NGOs...Last year Russia passed a special law prohibiting NGOs from taking money from foreigners. I think this should be banned in Turkey as well." (read more)
On the world order:
"China has risen very rapidly by looking out for its own interests ... They have now got to accept responsibility for world order and the interests of other people as well." ... "Today China has not only a more vigorous economy, but actually a better functioning government than the United States". (read more)
Meanwhile, he has embarked on a myriad of philanthropic activities, and has supported dissidents all across Eastern Europe, including the Solidarity movement in Poland. In Zimbabwe, he's behind the foundation of the Movement for Democratic Change which is the main opponent to Mugabe. He has funded worldwide efforts to promote drug policy reform. And has pushed back against anti-Semitism.
Quite a controversial figure, by any means, eh?
Soros works for the export of democracy.
-
Soros works for the export of democracy.
+
Soros develops philanthropic activities with money he has made through currency speculation.
-
Soros develops philanthropic activities with money he has made through currency speculation.
See what I did there?
Some finance-speculation trivia:
In 1997, as economies were crashing across Asia, Malaysian Prime Minister Mahathir Mohammad attributed the crisis to currency traders, in particular George Soros, and called for such trading to be banned. (read more)
As early as spring 1992, Mr Soros had decided that the pound would have to be devalued because it had been pushed into the ERM at too high a rate. ... [The Quantum Fund] did very well out of the collapse of fixed exchange rates in the 1970s and the deregulation of global capital markets. By 1980, Soros himself was worth more than £16.5 million and his fund £67 million. The stage was set for his intervention in the ERM. (read more)
"[N]obody who has read a business magazine in the last few years can be unaware that these days there really are investors who not only move money in anticipation of a currency crisis, but actually do their best to trigger that crisis for fun and profit. These new actors on the scene do not yet have a standard name; my proposed term is 'Soroi.'" (from "The accidental theorist: and other dispatches from the dismal science." - by Paul Krugman).
The panel [of the highest court in France], the Cour de Cassation, upheld the conviction of Soros, 75, an American citizen, for buying and selling Société Générale shares in 1988 after receiving information about a planned corporate raid on the bank. (read more)
Some nation-building trivia:
Former Georgian Foreign Minister Salomé Zourabichvili wrote that institutions like the Soros Foundation were the cradle of democratisation and that all the NGOs which gravitated around the Soros Foundation undeniably carried the revolution. She opines that after the revolution the Soros Foundation and the NGOs were integrated into power. (from Salomé Zourabichvili, Herodote (magazine of the French Institute for Geopolitics), April 2008).
"Soros carried out his will in Ukraine and Georgia by using these NGOs...Last year Russia passed a special law prohibiting NGOs from taking money from foreigners. I think this should be banned in Turkey as well." (read more)
On the world order:
"China has risen very rapidly by looking out for its own interests ... They have now got to accept responsibility for world order and the interests of other people as well." ... "Today China has not only a more vigorous economy, but actually a better functioning government than the United States". (read more)
Meanwhile, he has embarked on a myriad of philanthropic activities, and has supported dissidents all across Eastern Europe, including the Solidarity movement in Poland. In Zimbabwe, he's behind the foundation of the Movement for Democratic Change which is the main opponent to Mugabe. He has funded worldwide efforts to promote drug policy reform. And has pushed back against anti-Semitism.
Quite a controversial figure, by any means, eh?