The arrest of Galleon Group founder Raj Rajaratnam on insider trading charges swings attention back to the hot and heavy world of technology-stock trading. These highly volatile stocks are a trader’s playground because share prices can swing wildly based on whether companies miss or beat earnings’ expectations, even by a penny or two.
Analysts assign large [...]
HELENA, Mont. — The federal government is facing a lawsuit over billions in unclaimed bonds that date back to the patriotic fundraising efforts of World War II, leading to a showdown between states who say they should be given the money and a Treasury Department that claims ownership.
World War II sparked an unprecedented bond buying [...]
Billionaire Raj Rajaratnam, a partner at hedge fund Galleon Group, is among six nabbed in latest Wall Street scandal.
Federal authorities have uncovered what they say is the largest case of insider trading ever at a hedge fund – netting an alleged $20 million in illegal profits.
The case centers around billionaire Raj Rajaratnam, a partner [...]
Bruce Wasserstein, the Wall Street investment banker who helped pioneer the hostile takeover in the 1980s and reshaped the mergers and acquisitions business into a high art, died Wednesday.
Mr. Wasserstein, 61, was the chairman and chief executive of Lazard. The cause of death could not be immediately learned, though he had been hospitalized earlier this [...]
ROSLYN, N.Y.
DAVID SHAW, 47, got his first job with a catering company at 14, worked his way through Michigan State’s hotel management school and, after graduating in 1983, was selected for a prestigious Hilton Hotel training program.
While still in his 20s, he was hired as general manager for a small country club in Poughkeepsie, N.Y., [...]
Luck is what comes to you on its own and you are always surrounded by them. However, it’s in your hand to grab the opportunity that is around you and make the best out of the situation. Simulation pret and pret immobilier might be the best finance options that are available in the market today. [...]
From Times Online
(Paul Rogers/The Times)
Skype might have to shut down because of a dispute over the core technology used to make the internet telephone system work.
EBay, which paid $2.6 billion (£1.6 billion) for the voice-over-the-internet system in 2005, is facing a court battle with the original founders of the company who retained the rights to [...]
Over the coming months, as many as 1.5 million jobless Americans will exhaust their unemployment insurance benefits, ending what for some has been a last bulwark against foreclosures and destitution.
Graphic
Unemployment Benefits Running Low
Because of emergency extensions already enacted by Congress, laid-off workers in nearly half the states can collect benefits for up to [...]
Americans are angry at Wall Street, and rightly so. First the financial industry plunged us into economic crisis, then it was bailed out at taxpayer expense. And now, with the economy still deeply depressed, the industry is paying itself gigantic bonuses. If you aren’t outraged, you haven’t been paying attention.
Fred R. Conrad/The New York Times
Paul [...]
The simulation or refinancing of loans is indeed a boost for all business oriented people that cater sufficiently to the modern economic disasters. The simulation process essentially denotes rejuvenation of loan amounts, term periods, maturities and interest rates leading to the influx of revenue and aiding in the cost effective measures of the economic [...]
