06192013Headline:
Che Guevara joins the Occupy Wall Street protests in honor of this noble cause of occupancy wall street

OccupyWallStreet

562 days ago | 0 comment
OccupyWallStreet The revolution continues worldwide! when i ask from people what is OccupyWallStreet movement ? they look at me and then many of them say these words ! OccupyWallStreet ,The revolution,  worldwide,OccupyWallStreet The revolution continues worldwide! i am trying to learn is right or wrong ! OccupyWallStreet is really The revolution in  united states of America or ‘Anarchy’ in America as Occupy Wall Street spreads nationwide ,in usa , I also know that Che Guevara joins the Occupy Wall Street protests in honor of this noble cause of occupancy wall street , Occupy Wall Street is leaderless resistance movement with people of many colors, genders and political persuasions. The one thing we all have in common is that We Are The 99% that will no longer tolerate the greed and corruption of the 1%. We are using the revolutionary Arab Spring tactic to achieve our ends and encourage the use of nonviolence to maximize the safety of all participants. This #ows movement [...]
Rajaratnam Is Sentenced to 11 Years

Rajaratnam Is Sentenced to 11 Years

614 days ago | 0 comment
Rajaratnam Is Sentenced to 11 Years Raj Rajaratnam left federal court in Manhattan The fallen hedge fund billionaire Raj Rajaratnam received the longest prison sentence ever for insider trading on Thursday, a watershed moment in the government’s aggressive two-year campaign to root out the illegal exchange of confidential information on Wall Street. Judge Richard J. Holwell sentenced Mr. Rajaratnam, the former head of the Galleon Group hedge fund, to 11 years in prison and fined him $10 million and ordered him to forfeit $53.8 million. A jury convicted Mr. Rajaratnam of securities fraud and conspiracy in May after a two-month trial. Calling him “the modern face of illegal insider trading,” prosecutors accused Mr. Rajaratnam of using a corrupt network of well-placed tipsters — including former executives of Intel, I.B.M. and the consulting firm McKinsey & Company — to illicitly gain about $70 million. “Insider trading is an assault on the free markets,” Judge Holwell said. [...]
The chief financial regulator of Massachusetts, William F. Galvin, says money managers should disclose the value of the services they receive from big banks.press coverage by countryi.com

Wall Street banks became full-time headhunters

617 days ago | 0 comment
Wall St. Banks Help Hedge Funds Recruit Wall Street banks often boast that they hire the best and the brightest. Now, scrambling to bolster profits, they have become full-time headhunters for some of their biggest hedge fund clients, a role that is rife with potential conflicts. Big banks have long provided extra benefits to hedge funds, including finding office space for firms and raising money for new portfolios. They have even acted like informal recruiters for their premier clients by passing along résumés or making introductions to industry professionals. But those once-ancillary placement services have become established practices as Wall Street struggles to make up for profit centers that have been lost to new regulations and a weak economy. Since the financial crisis, Goldman Sachs, Morgan Stanley, Deutsche Bank, Bank of America and others have become powerful recruiting forces for hedge funds. In an effort to secure lucrative brokerage and trading business, the banks scout finance [...]