Skip to main content

Write-Offs: 03.22.11

  • Author:
  • Updated:

$$$ A key witness against Raj Rajaratnam testified he gave the Galleon Group founder secret information about Intel Corp. because "we were very good friends." "Mr. Rajaratnam is—was—a very good friend of mine," former Intel executive Rajiv Goel told jurors at Mr. Rajaratnam's insider-trading trial Tuesday. "He was a good man to me. I was a good pal, a good person to him." [WSJ]

$$$Glencore Said Near to Hiring Eight Banks for $10 Billion IPO [Bloomberg]

$$$Boon for Boutique Banks Continues With AT&T Deal [CNBC]

$$$Rajaratnam Camp Offended By Inside Information Leaks To Media [Forbes]

$$$Li Ka-Shing’s REIT to Start First Hong Kong Yuan IPO Today [Bloomberg]

$$$ Japan Sees Quake Damage Costing Up to $300 Billion [Reuters]

$$$ Is it a dream job if you're gone in a year? [FINS]