It looks like Raj Rajaratnam’s trial is set to be “the biggest hedge fund insider trading trial in US history,” which begins today. The man has been accused of stock trading with the use of “private information” from friends rendering him millions of dollars in profit. Where Will Rajaratnam Be? It currently remains uncertain whether…
Tag Archive: Raj Rajaratnam
Gupta Announces “Leave of Absence” Once Again
Rajat Gupta, former director at Goldman Sachs, has recently announced his plans to take “leave of absence” from the management of New Silk Route, the private equity fund that he co-founded years ago. The firm is currently worth $1.4 billion, and Gupta plans to take his leave as numerous sources claim that he released inside…
Marital Bliss? Don’t Fight Like Raj Rajaratnam; Think Like Adam Smith
The best advice for a good marriage is to think, act and fight like an economist. “Spousonomics,” co-authored by Jenny Anderson and Paula Szuchman (recently published by Random House) developed a theory on how marital bliss can be gained by behaving like an economist, “apply the rational laws of Adam Smith, as well as recent…