Wednesday, 22 October 2014
Last updated 14 hours ago
Apr 3 2012 | 2:15am ET
Yet another lawyer with ties to the Raj Rajaratnam trial is leaving the public sector for figuratively greener pastures.
Andrew Michaelson, one of the three lead prosecutors on the case that sent the Galleon Group founder to prison for 11 years, is to rejoin law firm Boies Schiller & Flexner. Michaelson worked for the firm from his graduation from Harvard Law School in 2003 until he joined the Securities and Exchange Commission five years ago. As an SEC lawyer, he acted as a special prosecutor on the Rajaratnam case, alongside Jonathan Streeter and Reed Brodsky.
Streeter has since left the U.S. Attorney's Office for Dechert.
Michaelson returned to the SEC in January after four years attached to the prosecutor's office. At Boies Schiller, he'll serve as a partner, focusing on cases before the SEC in addition to white-collar defense and litigation.
In addition to Streeter and Michaelson, Christopher Garcia, who headed the securities fraud unit at the Manhattan U.S. Attorney's Office, and U.S. District Judge Richard Holwell, have left the public service for private law firms.
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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...