• 25 Jan 2013 at 12:25 PM

Doug Whitman is Sorry

By Jon Shazar

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]

Comments (10)

  1. 1
    Posted by Bob Morris | January 25, 2013 at 4:52 PM

    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?

  2. 2
    Posted by Guest | January 25, 2013 at 6:08 PM

    On fire today: http://www.poemhunter.com/poems/sorry/

  3. 3
    Posted by chat | February 20, 2013 at 11:01 PM

    goods blogs thanksasdasd

  4. 4
    Posted by sohbet odalari | February 20, 2013 at 11:00 PM

    goods blogs thanksasdas

  5. 5
    Posted by online coupons | March 8, 2013 at 9:24 AM

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

  6. 6
    Posted by cinsel chat | March 11, 2013 at 6:37 PM

    yes sortysad ontey adsaysa ykero nsad

  7. 7
    Posted by seks sohbet | March 11, 2013 at 6:38 PM

    lorksan asdkoy sadpa skfpas sfk or sad oasdk

  8. 8
    Posted by sohbet | March 24, 2013 at 2:33 AM

    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

  9. 9
    Posted by sohbet | April 26, 2013 at 4:13 AM

    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.

  10. 10
    Posted by sohbet odalari | April 26, 2013 at 4:13 AM

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