George Soros convicted of illegal insider trading

"George Soros, the US financier and philanthropist, was today convicted of insider trading by a Parisian court and ordered to pay a 2.2 million euro (£1.4 million) fine. The 72-year-old billionaire went on trial in Paris last month, accused of using privileged information to speculate on the share price of Société Générale, the French banking giant, during a failed takeover bid in 1988." Source: "Soros convicted of insider trading", The Times newpaper (of London England), December 20, 2002,,,4501-519888,00.html

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