Friday, 24 April 2015
Last updated 4 hours ago
Jun 12 2014 | 9:54am ET
There will be no last-minute reprieve for convicted insider tipster Rajat Gupta before he reports to prison on Tuesday.
U.S. Supreme Court Justice Ruth Bader Ginsberg rejected the former McKinsey & Co. chief’s emergency plea to remain free on bail pending his appeal to the high court yesterday, just one day after he filed it. Ginsberg, who handles emergency requests from New York, did not explain her decision.
Gupta was convicted in 2012 of passing confidential information about Goldman Sachs to Galleon Group founder Raj Rajaratnam during his time as a member of Goldman’s board. He was sentenced to two years in prison, a term he is set to begin on June 17.
In his plea to Ginsberg, Gupta argued that he is likely to succeed on appeal to the nation’s highest court. The court has yet to consider whether to hear his appeal, but only accepts about 1% of the cases appealed to it.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…