sad trombone

Yes, Corzine’s contract says he’s eligible for a $12 million package if he leaves the firm but recent events will make it slightly more difficult for him to collect that check on the way out. Continue reading »

The aforementioned army of paper planes is yet to arrive. Continue reading »

This probably doesn’t come as much of a surprise, considering he was already found guilty of insider trading and sentenced to two and a half years in prison but that doesn’t make it sting any less: Donald Longueuil, who the feds were able to bring charges against after his colleague, accomplice and so-called best friend Noah Freeman agreed to record conversations with Don in exchange for a lesser sentence, during which Don was heard on tape saying re: his USB flash drive: Continue reading »

Empirical Creative was paid about $300,000, the people familiar with the situation say, for services that included a mock trial, during which his lawyers employed two main defense themes: that the information prosecutors said involved illegal inside tips was already public, and that the government’s witnesses weren’t credible. During the mock trial, the consultants discovered, the jurors most receptive to those themes were those without advanced-education degrees or financial sophistication and with relatively low- to middle-income jobs. Mock jurors who were members of ethnic minority groups also were more sympathetic to Mr. Rajaratnam, who was born in Sri Lanka, their research found, according to the people familiar with the situation. The real jury reflected those findings in many respects. [WSJ]