Doug Whitman is Sorry

Sorry that he is going to prison. Because he certainly doesn’t sound—through counsel—like he’s sorry about the insider-trading that he was convicted of in August.

“Doug Whitman maintains his innocence and looks forward to vindication on appeal,” David Anderson, another Whitman lawyer, said in a statement.

Whitman had better hope that the judges on the Second Circuit see things differently from Rakoff, who called the evidence against him “quite overwhelming,” and who used his sentencing to accuse Whitman of a felony that he was not charged with.

“I think, frankly, he repeatedly perjured himself,” Rakoff said.

Rakoff began his soliloquy by calling Whitman “basically a decent person” before trying to erase any doubt that the former hedge fund manager was quite the opposite. As far as the Honorable Judge Rakoff is concerned, Whitman

was “cavalier and crude in his business dealings even when he wasn’t breaking the law.”

“Mr. Whitman was someone who had no compunctions about going across illegal lines that he was very well aware of and excusing them and even bringing those excuses into the courtroom when that served his interests,” Rakoff said.

Whitman Capital Founder Gets 2 Years for Insider Trading [Bloomberg]
Former Hedge-Fund Manager Is Sentenced [WSJ]

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13 Responses to “Doug Whitman is Sorry”

  1. Bob Morris says:

    It's getting so hard lately to tell the difference between hedge fund criminals and mafioso. Or have they just merged their interests and become one?

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  3. chat says:

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  4. I know what you mean, but why to do it like you said? why sorry?

  5. cinsel chat says:

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  6. seks sohbet says:

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  7. sohbet says:

    ortant ways unknowable: you could list what the stuff was, if you had a big enough piece of paper, but it was hard to get a handle on what it wo

  8. sohbet says:

    asdasdn, and the impact that had and who he has come to be because of it. He is a wounded man, and while I find him odious, I am not unmoved by the sadness and pain of his past that his comments today imply.

  9. asdasd him odious, I am not unmoved by the sadness and pain of his past that his comments today imply.

  10. sohbet says:

    officers to investigate Blackstone's fishy financial transactions, but they wound up giving them

  11. “All a girl really wants is for one guy to prove to her that they are not all the same.”