LYCOS RETRIEVER
George Soros: Funds
built 307 days ago
Funded by the Soros and Whiting foundations and created at Northeastern University, the guide presents its goal as shaping "a basic curriculum for future law enforcement and community training activities." At first glance, this sounds promising, as it offers ways to take advantage of Arab, Muslim and Sikh unique "linguistic skills, information, and cultural insights" to develop new counterterrorism initiatives.
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Soros claims that the "527" organizations he funds "file detailed and frequent reports with government regulators." On the January 9 NOW With Bill Moyers program on PBS, Charles Lewis of the Soros-funded Center for Public Integrity argued that while Soros was funding 527 groups, Soros was disclosing these contributions and that the money could be tracked.
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Chen ... said Soros' injection of fresh funds marked the completion of the first phase of private placement for the company. The sum is 3 billion yuan (US$370 million), mostly gathered from domestic strategic investors.
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Soros is ... famous for running the Quantum Fund, which generated an average annual return of more than 30% while he was at the helm. Along with the famous pound trade, Soros was also cited by some as the "trigger" behind the Asian financial crisis in 1997, as he had a large bet against the Thai baht.
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A former consultant to Soros' foundation, David Rieff, said conservatives appear to be holding Soros to a double standard. Rieff compared Soros to Richard Mellon Scaife, a wealthy conservative who has funded projects frequently criticized by liberals.
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Soros has ... described some forms of financial derivatives -- highly volatile and complex investing products -- as the economic equivalent of crack cocaine. Yet he has used derivatives in his own speculating, explaining that his funds favor only the simplest varieties.
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