Flaherty of the National Legal and Policy Center,
WASHINGTON, June 14
/U.S. Newswire/ -- Peter Flaherty, president of
the National Legal and Policy Center (NLPC), today
reacted to the upholding of billionaire George
Soros' conviction of insider stock trading by
France's highest court, meaning Soros has no
"This affirmation of Soros' criminal conviction
adds to the doubts about his credibility and
2004, Soros undertook an anti-Bush media and
speaking tour to swing states. In Harrisburg, Pa.,
on Oct. 19, Flaherty asked Soros how he could come
to Pennsylvania, "where corporate scandals have
cost people their jobs," to tell working people
how to vote in light of his conviction. Soros
denied that he was convicted, and instead attacked
NLPC as "Orwellian." Flaherty followed up by
asking why Soros had been fined $2 million, if he
had not been convicted. Soros claimed he had not
been fined. ( For transcript, go to
misled the media and the audience of 200 people.
Numerous news organizations in the U.S. and Europe
had reported that Soros was convicted of insider
trading in December 2002 and fined $2.2 million.
Furthermore, Soros had previously admitted that he
was convicted. In a Sept. 12, 2003 interview on
the PBS show "Now With Bill Moyers," Soros told
reporter David Brancaccio, "I was found guilty."
in Harrisburg that he had not been convicted was
apparently based on the fact that the case was
under appeal. In France, a suspect is technically
considered innocent until appeals are exhausted.
Flaherty added, "For Soros, there are no more
appeals. There are no more fig leaves to hide
behind. His conviction stands."
failed to report significant expenditures related
to his anti-Bush tour, as required. On Jan. 18,
2005, NLPC filed a formal Complaint with the
Federal Election Commission (FEC), alleging
extensive apparent violations by Soros of the
Federal Election Campaign Act. (
). The Complaint is pending.
ethics in public life through research, education
and legal action. The group sponsors the
Government Integrity Project.