Monday, 30 March 2015
Last updated 8 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.
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…