Rajat Gupta

A week of scandal and taxes

Source: Marketplace

On Wall Street, racial and ethnic identity used to be parsed as much as financial ability: for years, there were the firms known for employing established white Anglo-Saxon Protestants and firms known for grabbing up-and-coming ...
Full article at: Marketplace  More like this  4 days ago, 2:24pm CDT

A week of scandal and taxes

Source: American Public Media

The IRS scandal is all over the news this week and as we head into the weekend, it's on our minds, too. Later today, we'll talk to Weekly Wrappers the Guardian's Heidi Moore and the Wall Street Journal's Sudeep Reddy join us to talk over the week tha ...
Full article at: American Public Media  More like this  4 days ago, 2:24pm CDT

On Wall Street, Recovering Money From Rogue Employees

Source: Dealbook

Mike Segar/ReutersAnthony Chiasson is trying to get millions in deferred compensation from Level Global, a shuttered hedge fund firm, even after he was convicted of insider trading. It seems it should be a fairly intuitive policy: employees who ...
Full article at: Dealbook  More like this  May 6 2013, 1:01pm CDT

Insider trading - a menace to Corporate Governance

Source: Silicon India

Corporate governance is founded on four pillars i.e. righteousness, truth, perseverance and social justice. The companies which trade in securities are listed either in the NSE or the BSE which are the registered stock ...
Full article at: Silicon India  More like this  May 3 2013, 4:15am CDT

Is adjective "draconian" fitting for a proposed 13-year prison sentence for insider trader?

Source: Sentencing Law and Policy

Level Global Investors LP co-founder Anthony Chiasson, convicted of an insider-trading scheme that reaped $72 million, asked a judge to give him less time in prison than the 13-year term called for by U. ...
Full article at: Sentencing Law and Policy  More like this  May 1 2013, 9:32am CDT

MD at top HF invited me to have dinner...should I go?

Source: Wall Street Oasis

I started to do some kinda networking these days and went to few events. And at one event I met a guy who is a MD at one of top HFs and we talked for a while. I thought it went well. Anyway, he gave me his card and I sent him an email, than ...
Full article at: Wall Street Oasis  More like this  Apr 29 2013, 7:33pm CDT

Firm Seeks $39 Million From Convicted Ex-Employee

Source: Wall Street Journal

By Chad Bray Diamondback Capital Management LLC is seeking to recoup $39 million in legal fees and compensation from a former hedge-fund manager convicted of insider trading last year. Todd Newman, once a Diamondback portfolio manager, was convi ...
Full article at: Wall Street Journal  More like this  Apr 29 2013, 4:37pm CDT

U.S. wants Diamondback's Newman to reimburse hedge fund

Source: Thomson Reuters News & Insight

NEW YORK (Reuters) - A Diamondback Capital Management portfolio manager convicted of insider trading should reimburse up to $12.9 million to his former employer, in addition to serving as much as 6-1/2 years in prison, federal prosecutors said on Fri ...
Full article at: Thomson Reuters News & Insight  More like this  Apr 26 2013, 3:44pm CDT



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