Thursday, 18 September 2014
Last updated 1 hour ago
Jan 13 2012 | 1:04am ET
Jonathan Streeter is leaving on a high note. The federal prosecutor who led the successful case against Galleon Group founder Raj Rajaratnam is leaving the Justice Dept. for more lucrative pastures.
Streeter is to join law firm Dechert's litigation department. He'll be an equity partner at the high-profile firm, starting next month.
Streeter has spent the last six years prosecuting securities fraud at the U.S. Attorney's Office in Manhattan, rising to become deputy chief of the office's criminal division. But his greatest achievement is undoubtedly the guilty verdict against Rajaratnam following the largest insider-trading investigation in U.S. history. Helped by thousands of hours of wiretaps—a first in an insider-trading case—Streeter and his colleagues won Rajaratnam's conviction on all counts.
Rajaratnam is now serving an 11-year prison sentence.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.