Wednesday, 1 October 2014
Last updated 1 hour ago
Jun 11 2014 | 9:53am ET
Former McKinsey & Co. chief Rajat Gupta is making a last-gasp bid to stay out of jail while he appeals his insider-trading conviction to the U.S. Supreme Court.
Gupta asked Justice Ruth Bader Ginsberg to continue his bail while he waits for her and her colleagues to consider whether to hear his appeal. The request follows a lower-court ruling that ordered Gupta to begin his two-year sentence on June 17.
Gupta was convicted in 2012 of passing confidential information about Goldman Sachs to Galleon Group founder Raj Rajaratnam, himself serving an 11-year sentence for insider trading. Gupta was a member of Goldman’s board at the time.
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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...