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Posts Tagged ‘Galleon hedge fund case’

Raj Rajaratnam: GUILTY ON ALL COUNTS!!

Posted by Larry Doyle on May 11th, 2011 10:43 AM |

In the case of Raj Rajaratnam, he was just found guilty on all 14 counts.

I am sure he will appeal this verdict. That said, under the sentencing guidelines he faces up to 20 years in the sin bin. Let’s revisit the story I highlighted on Rajaratnam back in the fall of 2009 when he was initially indicted.

Fatal Character Flaws Bring Down Wall Street Titans  (more…)

Update: David Slaine Pleads Guilty

Posted by Larry Doyle on February 2nd, 2010 10:02 PM |

GUILTY!!

Wall Street master of the universe David Slaine has now been reduced to just another in a long line of Wall Street crooks.

God forbid one tries to make an honest living in the financial industry.

I first wrote about Slaine on January 17th. At that point, I wondered whether Slaine’s cover as a government mole in the ongoing insider trading investigation on Wall Street had been blown by The Wall Street Journal. Was somebody trying to out Slaine in order to distract or derail the ongoing investigation?

We may never know. What we do know now is that Slaine had already pled guilty at that point.

Reuters reports today, Ex-NY Fund Manager Slaine Pleads Guilty: >> (more…)






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