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Indictment boosts charges vs. hedge fund operator Rajaratnam

22 hours ago ago from Hedge Fund Zone

NEW YORK — A new indictment has boosted criminal insider trading charges against one of America's richest men in what New York authorities have described as history's largest hedge fund insider trading case. Link to original article

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New charges in hedge fund insider trading case

12 hours ago ago from Hedge Fund Zone

Federal prosecutors boosted their insider trading charges case Tuesday against the man they say was behind history’s largest hedge fund insider trading case. The rewritten indictment accuses Galleon Group founder Raj Rajaratnam of making up to $45 million from trades based on secrets. The total of his illicit gains could top $50 million. Link to original article

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Fixing the economic crisis and its ongoing impacts – take action and stop the profiteering that profits no one except the hedge fund managers and bankers at the expense of everyone else

21 hours ago ago from Cricketdiane's Weblog

My Note About a week and a half ago, I was tracking the funds that have been going to Haiti over the course of many years. Tracking these funds indicate that when consultants and companies from outside Haiti are paid to participate, they take those funds back to their home country which improves its economy and not Haiti's. The companies know ahead of time, how the funds are what they are for, what the requirements for the funds are, how ...

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New indictment boosts charges against Rajaratnam (AP)

14 hours ago ago from ratetake

Federal prosecutors boosted their insider trading charges case Tuesday against the man they say was behind history's largest hedge fund insider trading case. http://bit.ly/9MMJA1

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Charges added in Rajaratnam insider trading case | Business Blog

18 hours ago ago from Business Blog

NEW YORK (Reuters) - Additional criminal charges were filed on Tuesday against Galleon hedge fund founder Raj Rajaratnam as prosecutors alleged he and his co-defendant reaped $49 million from illegal insider trading, up from an earlier claim of $40 million. Read the rest here: Charges added in Rajaratnam insider trading case You must be logged in to post a comment.

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Stacy Mitchell: Small Business Lending: Big Banks vs. Small Banks

15 hours ago ago from Huffington Post

The New Rules Project, in partnership with HuffPost's Move Your Money campaign, is using its Community Banking Initiative to get out the word that banking locally can put the power back in the hands of individuals and communities, rather than Wall Street's CEOs. Just before Thanksgiving last year, the U.S. Small Business Administration's flagship loan program, which provides banks with a government guarantee of up to 90 percent of the value ...

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UBS Makes Q4 Profit, But Withdrawals Continue : NPR

19 hours ago ago from NPR

Search hear continuous streams 24-Hour Program Stream NPR News and Shows hear the latest news [4 min 45 sec] Latest NPR Newscast UBS Makes Q4 Profit, But Withdrawals Continue by The Associated Press text size A A A GENEVA February 9, 2010, 02:28 pm ET Swiss bank UBS AG posted ...

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