Friday, 31 October 2014
Last updated 10 hours 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Traders form habits quickly. Understanding these and their effects can better equip us to decipher actual market moves.