Officials Said to Arrest 47 in Forex Case

[Socialist Christian]

http://story.news.yahoo.com/news?tmpl=story&cid=568&ncid=749&e=1&u=/nm/20031118/bs_nm/financial_forex_arrests_dc


NEW YORK (Reuters) - Federal officials are in the process of arresting 47 people in connection with a foreign currency trading matter, CNBC reported on Tuesday, citing NBC News.





Law enforcement officials were seen outside Two World Financial Center in lower Manhattan, CNBC said. At least 10 people have exited the building in handcuffs, it said.


It was not immediately clear which companies were involved.

[Guaranteed]

1. Foreign currency trading.....hmmm....

I seem to remember George Soros being involved in a lot of foreign currency trading.

[Logansquare]

3. Hmmm...I fail to see any connection n/t

.

[cosmicdot]

5. I suggest doing some research on Mr. Soros

i.e., he's invested in Poppy Bush's The Carlyle Group ... as is Richard Mellon Scaife ... strangebedfellows? or two fat cats who want to influence things their way?

Soros Capital is found under "The Global Network" ... from an early (1998) Carlyle website

http://web.archive.org/web/19981212033359/http://www.thecarlylegroup.com/

Mr. Soros has often invested under "ComSor Investments Fund" - one of the scariest for me is his investment in an Israeli company called MindSense Biosystems Ltd., a biotechnology company positioned at the crossroad between modern biology and psychiatry - given seed money by US BIRD --- sounds like they're into "Improving Human Performance" --- whatever that might entail ... The Comsor Investments Fund LDC is an international private equity venture capital fund backed by Comverse Technology, Inc. (NASDAQ:CMVT) in partnership with Soros Fund Management's Quantum Industrial Holdings Ltd. Another investor in MindSense is Roy Disney (Shamrock Holdings of California)

Bio-Chip for the Diagnosis & Monitoring of Major Depression
Mindsense Biosystems Ltd. & Ciphergen Biosystems, Inc.

Mindsense Biosystems Ltd., an Israeli company targeting the discovery of biological markers for psychiatric disorders, has teamed with Ciphergen Biosystems, Inc., U.S. developer and manufacturer of the ProteinChip System for protein discovery, characterization, and assay development. The Mindsense and Ciphergen collaborative plan includes the use of proteomics tools such as the ProteinChip for the discovery of major depression biomarkers in blood samples. Currently available methods for diagnosis and monitoring of psychiatric disorders are based on the use of formal questionnaires/interviews. The introduction of biochemical tools will add objectivity to the current process and will shorten the duration of assessment of therapeutic efficacy. This approach allows for the reliable comparison of clinical status over extended periods of time.
http://www.birdf.com/success_life.asp



it often takes some internet archive research to recover info

http://story.news.yahoo.com/news?tmpl=story&ncid=580&e=5&cid=580&u=/nm/20021220/bs_nm/crime_france_soros_dc (yahoo stories tend to 'disappear')

Soros Found Guilty of Insider Trading
Fri Dec 20,11:26 AM
By Joelle Diderich

PARIS (Reuters) - A Paris court on Friday found U.S. billionaire George Soros guilty of using inside information to make money on shares in bank Societe Generale, fining him $2.3 million.

Hungarian-born Soros, 72, was convicted of using insider information of a botched 1988 corporate raid on Societe Generale to make $2 million on the company's stock. The financier turned philanthropist had denied the allegations.

another link - gone with the cyber tide:
French Court Convicts Billionaire Soros

December 20, 2002 09:58 AM EST

PARIS - A French court convicted George Soros of insider trading in a
1980s stock deal and fined him $2.2 million. The American billionaire
investor and philanthropist said he was "astounded and dismayed" by
Friday's ruling.
http://start.earthlink.net/newsarticle?cat=1&aid=D7O1KNG81_story


http://www.thenation.com/capitalgames/index.mhtml?bid=3&pid=21
In 1986, Spectrum 7, a privately owned oil company chaired by Bush faced serious trouble. Two years earlier, Bush had merged his failing Bush Exploration Company (previously known as Arbusto--the Spanish word for shrub) with the profitable Spectrum 7, and he was named chief executive and director of the company. Bush was paid $75,000 a year and handed 1.1 million shares, according to "First Son," Bill Minutaglio's biography of Bush. Under this deal, Bush ended up owning about 15 percent of Spectrum 7. By the end of 1985, Spectrum's fortunes had reversed. With oil prices falling, the company was
losing money and on the verge of collapse. To save the firm, Bush began negotiations to sell Spectrum 7 to Harken Energy, a large Dallas-based energy firm owned mostly by billionaire George Soros, Saudi businessman Abdullah Taha Baksh and the Harvard Management Corporation.

http://www.4cbiz.net/kosta/tar/licnosti/soros.1.html
Among Soros's silent investors, these sources say, are the fugitive metals and oil trader Marc Rich, based in Zug, Switzerland; and Shaul Eisenberg, a decades-long member of Israeli Mossad intelligence, who functions as a major arms merchant throughout Asia and the Near East. Eisenberg was recently banned from doing business in Uzbekistan, where he had been accused by the government of massive fraud and corruption. A third Soros partner is Israel's "Dirty Rafi"
Eytan, who served in London previously as Mossad liaison to British
intelligence.

http://makeashorterlink.com/?X1E425732
George W. Bush became a member of Harken's board of directors on
Sept. 29, 1986, after the company bought his ailing oil firm,
Spectrum 7. At the time, Harken was very small, reporting about $4
million in revenue.

Its largest investor was billionaire fund manager George Soros, who hired the company to manage his own oil interests. The company's president was Alan Quasha, a young New York lawyer with some deep-pocketed friends.

[Guaranteed]

6. George Soros has come out as

a bankroller for the Democrats in 2004. However, he has a long history of playing games with currency exchanges- some say he even broke the Bank of England- and, allegedly, that's how he made most of his money.

Now, the FBI is arresting a bunch of people involved in the very same thing. Of course, they're not necessarily connected to Soros, but, it's a possibility that should be looked into.

[Guaranteed]

7. Dupe

[Don_G]

2. It Would Be Nice

If the trend keeps up for the next few months. I want to see a high profile case per week through the elections next year.

[catzies]

4. Financial scandal on top of scandal. Mutual fund industry too right now

And soon America will find out the house of cards of the government and big business are one and the same and the house will fall card by card. It's already started.