Posts here and here yesterday focused on the Securities and Exchange Commission's press release that strangely highlighted what it said was Raj Rajaratnam's status as a "billionaire." It's worth noting that the U.S. Attorney's Office for the Southern District of New York put out its own press release (pdf) on the case and, unlike the S.E.C., managed to do so without characterizing Mr. Rajaratnam's wealth.
'Billionaire' Rajaratnam and the DoJ
https://www.futureofcapitalism.com/2009/10/billionaire-rajaratnam-and-the-doj
by Editor | Related Topics: Capital Markets Regulation, SEC receive the latest by email: subscribe to the free futureofcapitalism.com mailing list