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HomeRaj 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…)
What Else Was Happening at Goldman Sachs?
Posted by Larry Doyle on April 23rd, 2010 9:08 AM |
Living life on the edge may be exhilarating and at times highly profitable, but in the process the risks can be enormous and the impact longstanding. So is the world of Goldman Sachs circa 2010.
Goldman’s pursuit of a highly proprietary business model since the late 1990s has now placed the firm squarely in the crosshairs as the master villain on Wall Street. The executives at Goldman may deem this view to be unfair, but they have nobody but themselves to blame. This blame goes far beyond current Goldman chief Lloyd Blankfein. The blame can be directed at former chiefs Jon Corzine and Hank Paulson, as well. (more…)
