- Submitted by admin on Tue, 10/25/2011 - 9:13pm
(Reuters) Former Goldman Sachs director Rajat Gupta will surrender to the FBI on Wednesday to face criminal charges, a person familiar with the investigation said.
Gupta was named as an unindicted co-conspirator in hedge fund founder Raj Rajaratnam's trial earlier this year. He has denied wrongdoing.
Rajaratnam was sentenced to 11-years in prison this month. Gupta's attorney, Gary Naftalis, did not immediately respond to a call seeking comment.
(Reporting by Basil Katz)
- Submitted by millennialrising on Wed, 10/12/2011 - 4:51am
Protests against the global financial system which have seen huge demonstrations in New York's Wall Street will spread to the City of London this weekend.
A number of campaign organisations, including direct action group UK Uncut, say they will support an occupation of the heart of the capital's financial centre on Saturday as part of a "global movement for real democracy" to highlight social and economic injustice.
The Occupy London Stock Exchange collective said a Facebook page on the protest had attracted more than 9,000 followers, with more than 3,500 confirmed attendees.
- Submitted by watazari on Mon, 11/10/2008 - 1:21am
November 10 2008 Hey Congress Can I get a personal Bailout?Your giving away our Taxpayer money to companies that have mismanaged their own money,now your rewarding them by giving them free money.Congress,Bush and President Elect Obama if your giving away free money for financial mismanagement then I qualify