SOROS (CONT)


As chairman of Soros Fund Management, Soros built a huge fortune doubling as a speculator in international currency and financial markets.

He has been accused of profiting unfairly in foreign markets, including developing country markets such as Thailand, and was lambasted by Malaysian Prime Minister Mahathir Mohamad for currency speculation that contributed to the 1997 Asian economic crisis.

At a meeting at the University of Pennsylvania, Soros was asked how he reconciles his two roles in life: philanthropist and ruthless speculator.

Pleading innocence, he said the cash crises he has been blamed for were really caused by government policies, not his speculative actions. ''I was used as a scapegoat for government actions,'' he added, pointing out that he is known in China as ''the crocodile''.

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