Questions Rise About Martoma's Application To Stanford

Jan 16 2014 | 12:46pm ET

How, exactly, did former SAC Capital Advisors trader Mathew Martoma get into Stanford University after being thrown out of Harvard Law School?

The answer is unclear. What is clear is that, two years after he was expelled from Harvard for doctoring his transcript, Martoma enrolled at Stanford Business School. There, he apparently managed to stay out of trouble long enough to earn an MBA from the school in 2003.

The puzzling matter can be put thusly: Did Martoma omit mentioning his Harvard expulsion, or did Stanford accept him in spite of it? If the former, was Martoma able to skirt detection by changing his name?

Stanford isn't talking, other than to confirm that Martoma, currently on trial for insider-trading while at SAC Capital Advisors, graduated from the school. But a person familiar with Stanford's admission process told The New York Times that the Harvard expulsion would have been a "serious impediment" to admission to Stanford.

Stanford's application requires candidates to disclose such disciplinary actions as Martoma's expulsion.

It is also not clear what name Martoma used to apply to Stanford. At Harvard, he was known as Ajai Mathew Thomas. In 2001, the year he was admitted to Stanford, he legally changed his name to Mathew Martoma.


In Depth

Q&A: High Conviction, Low Correlation

Oct 30 2014 | 7:35am ET

Acadian Asset Management's numbers are big: over $70 billion in assets under management...

Lifestyle

Ex-Hedgie Steyer Gives $56M To Climate Action Super PAC

Oct 28 2014 | 9:23am ET

Retired Farallon Capital founder Tom Steyer has poured almost $56 million into his...

Guest Contributor

Hedge Funds Weather A Data Management Perfect Storm

Oct 22 2014 | 12:28pm ET

From a regulatory standpoint, nearly every development since the crisis has placed...

 

Videos

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

October 2014 Cover

Demeter: Family affair

David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.