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im not surprised, and i fully expect this to get wider and bigger
I guess I am not very optimistic these days
posted by
Tzippy
on May 13, 2011 at 10:45 PM
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well, they do make good actors! I've not a clue as to what this
is all about except that my cpa bros told my parents to get their money out of wall street long before that fell some years ago!... God protects his own... MAN these guys look wicked! it's ALL a charade!
posted by
poet_prophetess
on May 13, 2011 at 11:38 AM
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I do hope the conviction is there to bring those who would break the law to justice! sam
posted by
sam444
on May 12, 2011 at 12:09 AM
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"
Rajaratnam may also consider some sort of deal to testify against Rajat Gupta, the former director of Procter & Gamble (PG: 65.85, +0.12, +0.18%) and Goldman Sachs (GS: 147.96, -2.44, -1.62%), who was also charged in the Galleon case, accused of passing inside information to Rajaratnam.
“The government would also like Gupta,” said Coffee.
According to Coffee, Gupta “breached the highest duty of all” in allegedly passing inside information as a company director, and the government would have him if "Mr. Rajaratnam starts looking at 20 years in prison.”
So they would take Rajaratnam's word on Gupta after they had to wire tap Rajaratnam to convict him?? If Gupta were to be convicted on his word alone, then the wire tapping would have to be considered unnecessary, right?
posted by
VictoriaP
on May 11, 2011 at 6:28 PM
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i agree with you, there is no way we little honest folk will ever have
the material financial security of these sorts of scumbags .....but what do they really have? Now I know Southern lady who helps others to her limit and has worn herself out working for the betterment of her neighbor....Oh that's right...it is you!!!!
posted by
Kabu
on May 11, 2011 at 6:24 PM
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Justi
I just watched some of that on the news but they never showed his picture. Great post luv.


posted by
WileyJohn
on May 11, 2011 at 6:08 PM
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Re:
Thanks for the reply...
posted by
Justi
on May 11, 2011 at 5:38 PM
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We took all of our money out of wall street and will put it else where...good post.
posted by
UtahJay
on May 11, 2011 at 12:09 PM
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