PrintNovember 16, 2007
Buried news: Former Soros top aide faces fraud sentence
Did you know that a man described as "a former top aide" of George Soros took a guilty plea on federal charges of conspiring to defraud investors and faces sentencing next week? I didn't.
Now, having a former top associate cop a plea on charges could just happen to a bigtime financial operator out of the blue, I suppose. But George Soros himself was convicted of insider trading and fined 2.2 million euros in France, a conviction upheld when he appealed. Now he is seeking to leave behind that nation-state and is appealing to an EU court. (I bet they let him skate. These transnational institutions know how to take care of the elites.)
James Marquez was no longer associated with Soros when he did the crime, to be sure. He co-founded the Bayou hedge funds in Stamford, CT, where he got caught. His attorney is battling the DA now over certain facts of the case prior to sentencing. The only news source that I see covering this affair is the Journal-Record, a local paper in Westchester County just outside New York City. Marquez lived in Mount Kisco, on an estate he rented from Donald Trump. There's some really nice horse country running from Mt. Kisco, through Bedford, and across the state line into Greenwich. The Journal-Record, and the Greenwich Time carry the local news for the horsey set.
I take the fact that Soros was reportedly closely involved with such a crook as another data point on a man who operates in financial secrecy offshore, who has broken the British pound and made billions, and who is spending unlimited sums of money on building propaganda and other political organs in the United States with the apparent intent of swaying elections.
Maybe it is just me, but I think our media ought to be looking into him just a bit. Maybe it would be a good project for Pro Publica, that new tax exempt outfit that's going to be running big investigative journalism projects and offering them free to daily newspapers. Except, of course, that it is funded by his friends and allies, the Sandlers.
