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.

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