Tuesday, 31 March 2015
Last updated 1 hour ago
Dec 17 2009 | 12:24pm ET
Federal prosecutors have received another month to indict four of the 21 people charged in the Galleon Group insider-trading case.
Among those who will have to wait until Jan. 15 to face a grand jury is Mark Kurland, a co-founder of hedge fund New Castle Partners. It is believed that the four men—the others are former IBM executive Robert Moffat, former McKinsey & Co. director Anil Kumar and former Intel executive Rajiv Goel—are working out plea agreements with prosecutors.
The move to delay their indictment comes just a day after the Tuesday indictment of Galleon founder Raj Rajaratnam and former New Castle executive Danielle Chiesi.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…