The Inquirer-Home

Transmeta backer George Soros convicted of insider deal

But it's a long time ago
Fri Dec 20 2002, 16:55
US BILLIONAIRE investor George Soros was convicted of insider trading and was fined €2.2 million today in a French court.

Soros' conviction dates back to a buy of shares in Societe Generale he made 14 years ago.

Mr Soros has fingers in many pies, including the Transmeta Corporation in the shape of the Soros Funds.

In an open letter to Soros earlier this year, one individual, Rick Hohensee, urged him to remove those funds from Transmeta, accusing the Open Source Unix world of preventing effective openness.

See Also
Transmeta-Compaq deal in takeover tickler
Open Letter to George Soros

Share this:

Comments

There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.

aboutus
Advertisement
Subscribe to INQ newsletters
Advertisement
INQ Poll

Facebook starts selling shares

Will you buy Facebook shares?