Wednesday, 27 August 2014
Last updated 3 hours ago
Sep 22 2011 | 1:57am ET
Convicted insider-trader Raj Rajaratnam will remain a free man for at least another three weeks.
The Galleon Group founder's sentencing, originally scheduled for Tuesday, was postponed to Oct. 13 yesterday. U.S. District Judge Richard Holwell, who presided over Rajaratnam's trial and will impose sentence, did not offer a reason for the delay in the one-sentence order.
Rajaratnam faces almost 25 years in prison on the 14 securities fraud and conspiracy charges he was convicted of in May. Prosecutors are pushing for between 19½ year and 24½ years, a term described by Rajaratnam's defense team as a death sentence for the 54-year-old former billionaire.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...