From: Rengan Rajaratnam
Sent: Tuesday, May 18, 2011
I want to thank you for your support. Your calls, emails, texts, and inquiries are constant reminders that through this dark, tragic time, Raj and the family are not alone.
As we prepare for the appeals process, we need your help and I am I only sending this letter to a handful of people. The sentencing phase is coming up relatively quickly and the federal guidelines are calling for 15 to 19 years in jail. The guidelines are harder and less flexible than many prison sentences for violent and predatory offenders. This is simply unfair, and we are praying for leniency from the judge while we prepare for the appeal.
In the meantime, on behalf of Raj and the family, I would like to enlist your support one last time. Positive character letters from family, friends, and colleagues that know Raj well can play a pivotal role in helping persuade the Hon. Judge Holwell to be fair, and lenient during Raj’s sentencing.
The senator wants to be kept in the loop re any ‘suspicious trading’ at SAC Capital (he doesn’t know of any, but in case anything comes up in the files) and also has questions just generally about what life is like there. Read more »
Greenlight Capital: Not Unlike The Way Charlie Sheen Must Feel 99.9% Of The Time, The Last Quarter Left Us A Bit ‘Confuzzled’By Bess Levin
Read more »
In a letter sent this week, hedge fund manager (and former co-head of proprietary currency trading at Goldman Sachs) Christian Siva-Jothy informed investors that he would be shutting down his firm, SemperMacro, due to poor performance (the fund is down 2.3 percent year to date, and lost 8.7 percent in 2010 and 27 percent in 2009). He also made some truly disturbing statements. Read more »
Shout out to the Doctor in John Paulson’s year-end letter to investors. Read more »
Investment Manager Demands UConn Refund His $3 Million Donation After Athletic Director Fails To Defer To Him On Hiring DecisionsBy Bess Levin
Robert G. Burton is the chairman and CEO of Greenwich-based Burton Capital Management. Over the years he’s donated more than $7 million to the school’s football program, including a $2.5 million gift for the Burton Family Football Complex. Now Burton wants that money back and his name taken off the building. He’s extremely miffed and in a letter to athletic director Jeff Hathaway– the object of Burton’s ire– he outlined why. Read more »