How the Life of George Soros Has Influenced His Stance on the Ukraine

A Glimpse Into the Life of George Soros
George Soros was born in Hungary in 1930. He is best known for being an immensely successful, wealthy and influential Hungarian investor and business mogul. He is also a generous philanthropist, author and a globally engaged activist. He currently resides in New York, and he contributes to many financial and left-leaning media outlets. The article being recapped below was written by him for one such outlet known as the Washington Post. His life has been more than interesting. Being born a Jew in Hungary, he had to learn to survive during the war, and he was always clever and avoided prison and deportation. In addition to his citizenship in the United States, he also holds citizenship in his native Hungary.

The Career and Passions of a Billionaire
George Soros is perhaps the wealthiest and most influential supporter of progressive and left-wing policies in the United States and European Union. He frequently funds liberal candidates and uses his influence to urge liberal political causes to come to fruition. In addition to his campaign spending, he is a well known philanthropist. He has given an estimated $11 billion to a myriad of causes between 1979 and 2015. The major piece of evidence backing this up was his influence and aid during Eastern Europe’s transition to capitalism in the 1980s. He is just very generous, and has a big political heart, which is why he is urging a bailout of the Ukraine by the European Union.

Read more:
George Soros – Project Syndicate

George Soros – Business Leader, Philanthropist

George Soros on the Ukrainian Debt Crisis
In the fall of 2015, George Soros wrote an article for the Washington Post, which he titled, centered around and made the case for a Ukrainian bailout. The Ukraine is having trouble paying off its loans to the International Monetary Fund (IMF) and the private investors of the National Bank of Ukraine. The central bank prints the currency used by the citizens. When the money is printed, it is loaned to the citizens with interest attached to each unit of currency printed. The money is paid back through federal income taxes. The IMF is a global bank comprised of financial delegations from each country, and when it gives a loan out, the loan money comes from the income taxes of the citizens of the member nations loaning the money. Unfortunately for the Ukraine, it has undergone some serious strife with Russia’s power on the rise, and it has been unable to repay its loans, primarily to the IMF. George Soros wants the matter resolved because he is fond of the country.

George Soros Has Faith in the Ukraine to Put Faith Back in the EU
He loves the idea of the European Union, free trade and positive globalism with open borders. He has openly stated this many times, and during the election for the European Parliament and the elections held in the Ukraine in 2014, the Ukraine supported the EU and how it was being run. He has a vision of the Ukraine joining the EU and becoming a peaceful, productive member far away from Russia and its nationalism.

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How The SEC Whistleblower Program Has Been Instrumental In Reporting Securities Violations

Whistleblowers from different walks of life are reporting several security violations to the Securities and Exchange Commission (SEC). Back then in 2010, the Congress enacted two acts to guide whistleblowers across the country. These include the Consumer Protection Act and the Dodd-Frank Wall Street Reform act. The Consumer Protection Act was effective during the Great depression of the U.S economy. On the other hand, the Dodd-Frank Wall Street act developed a whistleblower program aimed at providing employment protections and financial incentives. Under this act, people were required to report any violations regarding federal security laws to the SEC.

The Whistleblower Representation Practice

Labaton Sucharow law firm was the first firm in the nation to establish a law practice focused exclusively on advocating and protecting SEC whistleblowers. The SEC’s Whistleblower Representation Practice was built on the firm’s securities litigation platform.  These experts provide unconditional representation to whistleblowers.

The practice is headed by Jordan A. Thomas who previously held the position of Assistant Chief Litigation Counsel and Assistant Director in the SEC’s Division of Enforcement. Jordan played an executive role towards the establishment of the Whistleblower Program throughout his tenure at the Securities Exchange Commission (SEC). He contributed in documenting the proposed legislation and implementing rules. The SEC is focused exclusively on helping whistleblowers to make important decisions on whether, when and how to report securities violations without professional or personal regrets.

How Whistleblowers Are Paid

According to the program’s rules, the SEC is mandated to pay qualified whistleblowers 10 to 30% of the revenue generated as a result of SEC enforcement sactions. Whistleblowers are also entitled to additional awards if a threshold of $1 million is met during monetary enforcement sanctions. Consequently, the Dodd-Frank Act prohibits any retaliation by employers leashed against whistleblowers who comply with the program’s rules. Whistleblowers can report any securities violations discretely when represented by a lawyer.

The Whistleblower Representation Team

To learn more about the Securities Exchange Commission (SEC) Whistleblower Program or request case evaluations, one can contact the Whistleblower Representation Team via phone or email. One can also find more information on the SEC’s website. All case evaluations and initial consultations are confidential, free and protected by the lawyer-client privilege. When consulting the Whistleblower Representation Team, one is not required to disclose personal information or names of people who have committed securities violations. Translation services are also available upon request for international whistleblowers.

Learn more about SEC Whistleblower lawyers