Dems topped GOP in fundraising

WASHINGTON, Dec. 3 (UPI) -- Democrats raised millions of dollars more than Republicans for last month's elections, the Washington Post reported Friday.

Whoever wins, Wall Street wants certainty

WASHINGTON, Nov. 1 (UPI) -- Few things rattle Wall Street more than uncertainties, so a decisive presidential election result by Wednesday morning, regardless of who wins, would make inves
SHIHOKO GOTO, UPI Senior Business Correspondent

N.Y. Judge slaps Soros-backed party

ALBANY, N.Y., Oct. 15 (UPI) -- A political party backed by billionaire George Soros allegedly involved itself in a New York Democratic primary, the New York Post reports.

Cheney refers to wrong web site

CLEVELAND, Oct. 6 (UPI) -- Vice President Dick Cheney during his Tuesday TV debate reportedly inadvertently directed viewers to a web site critical of the Bush regime.

Soros vows millions for Kerry campaign

WASHINGTON, Sept. 29 (UPI) -- Billionaire philanthropist George Soros is pumping millions of dollars into Democratic presidential contender Sen. John Kerry's campaign.

Soros backs weakening three-strikes law

SAN DIEGO, Sept. 14 (UPI) -- Financier George Soros has thrown his support to an effort to amend California's three-strikes law, the San Diego Union-Tribune said Tuesday.

Hastert says Soros-backed policies extreme

NEW YORK, Sept. 1 (UPI) -- U.S. House Speaker J. Dennis Hastert, R-Ill., Wednesday called policies promoted by Hungarian-born billionaire George Soros "dangerous, radical and extreme."

Seoul Securities breaks off talks with SK

SEOUL, Aug. 30 (UPI) -- Seoul Securities said Monday it has broken off talks to buy South Korea's SK Securities.

Hastert blasts liberal 527 backer Soros

WASHINGTON, Aug. 29 (UPI) -- House Speaker J. Dennis Hastert, R-Ill., had harsh words Sunday for Hungarian-born billionaire George Soros, a major financial backer of anti-Bush 527 groups.

Asian Stocks: The week that was

SINGAPORE, Aug. 6 (UPI) -- Rising oil prices throughout the week cast their shadows over Asian stock markets, with the negative sentiment reinforced by concerns that renewed terrorism act

New group recruits religious conservatives

WASHINGTON, June 22 (UPI) -- A new independent support group intent on wooing religious conservative voters has been established to help President George Bush's re-election campaign.

Southern violence a challenge for Thailand

BANGKOK, April 27 (UPI) -- More than 90 percent of all Thais claim Buddhism as their religion. But in the far south of the country, more than 500 miles from the capital, Bangkok, near the

Currency speculators and the new EU

BRATISLAVA, Slovakia, April 27 (UPI) -- When George Soros talks about the dangers of currency instability people sit up and listen. On the sidelines of the European Bank for Reconstruction and Develop

Dutch prince gives up throne for love

DELFT, Netherlands, April 24 (UPI) -- Prince Johan Friso, third in line to the throne of the Netherlands, married his controversial fiancee Saturday.

Soros to fight for acces to Uzbekistan

TASHKENT, Uzbekistan, April 19 (UPI) -- Politically active billionaire George Soros has decided to fight the rejection of his philanthropic efforts in Uzbekistan, a spokesman said Monday.
Page 5 of 8
George Soros
Billionaire currency trader George Soros speaks to the media about his new book "The Bubble of American Supremacy" on January 12, 2004, in Washington. Soros says he is devoting the next year of his life to helping defeat George W. Bush in the November presidential election. Story available: BC-US SOROS (UPI Photo/Roger L. Wollenberg)

George Soros (Hungarian: Soros György; pronounced /ˈsɔroʊs/ or /ˈsɔrəs/, Hungarian: ; born August 12, 1930, as Schwartz György) is a Hungarian-American financier, businessman and notable philanthropist focused on supporting liberal ideals and causes. He became known as "the Man Who Broke the Bank of England" after he made a reported $1 billion during the 1992 Black Wednesday UK currency crises. Soros correctly speculated that the British government would have to devalue the pound sterling.

Soros is Chairman of the Soros Fund Management. In July 2011, Soros announced that he was returning outside investment money (valued at $1 billion) and will only invest his own $24.5 billion family fortune because of new U.S. Securities and Exchange Commission disclosure rules. Soros is also the chairman of the Open Society Institute and a former member of the Board of Directors of the Council on Foreign Relations. He played a significant role in the peaceful transition from communism to capitalism in Hungary (1984–89) and provided Europe's largest-ever higher education endowment to Central European University in Budapest. Later, the Open Society Institute's programs in Georgia were considered by Russian and Western observers to have been crucial in the success of the Rose Revolution. In the United States, he is known for donating large sums of money in an effort to defeat President George W. Bush's bid for re-election in 2004. In 2010, he donated $1 million in support of Proposition 19, which would have legalized marijuana in the state of California. He was an initial donor to the Center for American Progress, and he continues to support the organization through the Open Society Foundations. The Open Society Institute has active programs in more than 60 countries around the world with total expenditures currently averaging approximately $600 million a year.

In 2003, former Federal Reserve Chairman Paul Volcker wrote in the foreword of Soros' book The Alchemy of Finance:

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "George Soros."
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