Sorros out of business?

[Prokomenos]

Tell me its true? George Sorros and the rest of the clown declared bankruptcy?

IHF Forced to Close Down

Vienna, 7 December 2007

Dear colleagues, friends and supporters,

With deep regret I must inform you that on 27 November 2007, in my capacity as the President of the “International Helsinki Federation for Human Rights (IHF)”, I was forced to submit a request of bankruptcy to the Commercial Court in Vienna to start an insolvency procedure (the IHF is registered in Austria and is therefore bound by Austrian law). This had to be done due to the Federation’s grave financial crisis caused by an economic crime. The former IHF financial manager has been taken in pre-trial detention after he confessed to having embezzled a large amount of money over several years. Two other external persons are under investigation as well. Their criminal trial will start in early January next year.

As a result, as of 27 November 2007, the IHF is a NGO in dissolution. Its office will be closed within a few days and the organization can no longer implement projects, organize human rights advocacy, issue statements or reports. On January 30th, 2008, the liquidator who primarily has to bear in mind the interests of the creditors of the IHF will present the final results of his efforts to the Commercial Court which then will decide upon the final liquidation of the organization.

I would like to take this occasion to thank you all for your cooperation, your interest and support in the past years and wish you all the best for the future.

Sincerely,

Ulrich Fischer, Former IHF-President



Source:

To view links or images in this forum your post count must be 1 or greater. You currently have 0 posts.

[Napalm]

Good riddance. Unfortunatly much of the damage is already done. All these so-called "human rights groups" are jewish run and always support pro-israel muslims like the turkish family of animalistic murderers (shiptar, turk, chechyen etc).

[Prokomenos]

Sorros was real bad news Im definately glad he is gone.

[half greek]

Don't speak too soon this creature is just upto no good in America.


To view links or images in this forum your post count must be 1 or greater. You currently have 0 posts.


What an Ugly creature, I bet he has 666 on the top of his head!

It is significant that one of the richest men in the world, billionaire George Soros, is a hedge fund operator and convicted inside trader who pours millions of dollars into the Democratic Party, its front groups and candidates. He has put money into the coffers of both Hillary Clinton and Barack Obama. He will be able to pull the strings if either is elected president.
The other Democratic candidate, John Edwards, has not received money from Soros but actually worked for a hedge fund before he started going around the country blasting special interests. He is number five on the list of receiving hedge fund money.

One hedge fund pouring large amounts of money into Hillary Clinton’s political activities hired her daughter Chelsea. It is no surprise that Senator Clinton has balked at supporting a congressional proposal to tax hedge funds.

Soros has been in the news at the World Economic Forum in Davos, Switzerland. Reporters have been anxious to interview him, as if he is some kind of disinterested observer of the political scene. But he has a vested interest in seeing the U.S. economy go down. A story from four years ago explained how Soros even then was selling dollars and propping up the European currency, the Euro.

Soros is telling the meeting in Davos that the dollar may be out as the world’s reserve currency. In this context, it is quite significant that Foreign Affairs, the publication of the Council on Foreign Relations, published an article, “The End of National Currency,” advocating that Latin America “dollarize” its currencies in order to save the dollar against the Euro and a predicted Asian common currency. But the ultimate “salvation” could come in the elimination of the dollar by a common currency for the Americas. It doesn’t take much of an imagination to conceive of a global currency to further the process of globalization.

The author, Benn Steil, writes that “National currencies and global markets simply do not mix; together they make a deadly brew of currency crises and geopolitical tension and create ready pretexts for damaging protectionism. In order to globalize safely, countries should abandon monetary nationalism and abolish unwanted currencies, the source of much of today’s instability.”

Coming across as concerned about the meltdown, the Associated Press is quoting Soros as calling for “a massive injection of regulation and oversight of financial markets whose excessive freedoms” have led to the current financial crisis. The AP reported from Davos that Soros is saying that “Authorities ought to go in and examine the books” of financial institutions involved in the subprime mortgage scandal. What about Soros’ books? What about the books of the secretive hedge funds that are manipulating currencies and economies and pouring millions of dollars into the political campaigns?

It is estimated that assets under management by hedge funds are approaching $2 trillion. But nobody knows for sure. The Securities and Exchange Commission currently oversees and regulates mutual funds and many investment advisers, but it does not regulate hedge funds.

Soros is clever at diverting attention away from his financial and political manipulations. Through his so-called Open Society Institute, he financed a “Global Integrity Project” which was supposed to track corruption, openness and accountability in the U.S. and other countries. Yet, Soros himself was accused of various election law violations in 2004 by the conservative National Legal & Policy Center, which also documented how Soros groups have received millions of dollars in U.S. taxpayer money. Three years later, the Federal Election Commission (FEC) still has not ruled on the complaint against Soros.

Soros seems to be above the law and above media scrutiny.

The Wall Street Journal has reported that hedge fund operator John Paulson got a visit from Soros after Paulson had made about $4 billion betting on a housing market collapse. Soros wanted to know how he had done it. But Soros wouldn’t talk to the Journal about his meeting with Paulson. Why? How does he get away with a no-comment?

Soros plays it smart in many ways. He pours money into journalism organizations, including the Center for Investigative Reporting, the Fund for Investigative Journalism, and Investigative Reporters & Editors, thereby guaranteeing that they won’t investigate how and where he gets his money.

Rather than focus attention on those who created and profited from an $8 trillion housing bubble, there has been a terrible tendency by some in the media, including conservative writers and bloggers, to blame average Americans for taking out loans they couldn’t repay. This analysis ignores how the lenders made risky loans they knew couldn’t be repaid. Those who have bought a home know that you aren’t supposed to get a mortgage loan, even of the subprime variety, unless the “experts” judge through a detailed analysis of your assets and income that you were able to pay if the interest rates went up. In a real sense, many were tricked into getting loans they couldn’t handle. This was predatory lending. As a result, an estimated 3.5 million homeowners could default on their mortgages in the next 2 1/2 years.


To view links or images in this forum your post count must be 1 or greater. You currently have 0 posts.