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Galleon hedge fund founder Rajaratnam indicted
20 hours ago ago from Hedge Fund Zone
The founder of Galleon hedge fund, Raj Rajaratnam, was indicted Tuesday in a multi-million-dollar Wall Street insider-trading probe. Link to original article
Related contentFuture Capital Finds New Home Following Fire | FINalternatives
21 hours ago ago from Hedge Fund and Private Equity News | FINalternatives
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Related contentCantwell, McCain Propose Reinstating Glass-Steagal
13 hours ago ago from Open Left
via Newsweek : More than a year after the [presidential] election, the Arizona Republican is looking to repair [his] reputation by joining up with Democratic firebrand Maria Cantwell to propose something that will be anathema to both Wall Street and the Obama administration. According to two congressional sources, the two maverick senators want to reinstate Glass-Steagall Act , the Depression-era law that forced the separation of regular ...
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Robert Creamer: Pass Financial Regulatory Reform
22 hours ago ago from Huffington Post
Last Friday, the House passed critical regulatory reform legislation aimed at preventing the recurrence of the kind of financial meltdown that devastated our economy at the end of the Bush Administration. The lobbyists from Wall Street worked hand-in-glove with the Republicans, and a few Democrats, to try to kill the bill. Astoundingly, the Republicans argued that Wall Street should continue to be free to engage in the same reckless ...
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