SAC Capital Advisors indicted by a federal grand jury

What would be fun with all of these douche bags is put them in the Hunger Games. I think Cohen could take Madoff, but Raj is fat so he could sumo them.

I am not totally joking. I mean all this big swinging dick talk on WS of it's a man's game kill or be killed..........well we can make that happen for you. :)
 
Quote from Grandluxe:

Raj Rajaratnam was also a billionaire.
More...
They had taped phone calls on Raj talking about intricate details of insider deals. He had no way of talking himself out of the charges. The SEC could have sent their summer interns on the case and would have still won it.

They have a bunch of emails that went into Cohen's inbox plus witness testimony. Much harder to prove his knowledge to a jury. Of course he knew, but much harder to establish in court.
 
Quote from pemully:

didn't Michael Milken do his time? I think they really want to catch this blue fin....show me the man I'll find the crime.
More...

Interesting story: http://en.wikipedia.org/wiki/Michael_Milken

"
Fortune magazine called Milken "The Man Who Changed Medicine" in a 2004 cover story on his philanthropy.[5]

In September 2012, Milken and the director of the National Institutes of Health, Dr. Francis Collins, jointly hosted 1,000 senior medical scientists and members of Congress at a three-day conference[34] to demonstrate the return on investment in medical research.
"
 
Prosecutors seek 'any and all' SAC assets in sweeping complaint

http://www.cnbc.com/id/100915672

"...In addition to going after "any and all assets" of SAC, prosecutors are also seeking civil money laundering penalties. Under federal law, those penalties could be as high as the total amount of the assets forfeited—in other words it could double the amount SAC must pay."

:eek:

Crime "used" to pay?
 
Quote from dandxg:

What would be fun with all of these douche bags is put them in the Hunger Games. I think Cohen could take Madoff, but Raj is fat so he could sumo them.
More...

This part made me spit out the soda I was drinking - thanks for that!
 
You must log in or register to reply here.
Back
Top