Friday, October 16, 2009

raj rajaratnam

raj rajaratnam
Raj RAJARATNAM, and five others were arrested and charged 20 million U.S. dollars in an insider trading case, prosecutors said. According to court documents, Mr. Rajaratnam, founder of 7 billion U.S. dollars galleon Group and Portfolio Manager for the galleon Technology fund, was charged with four counts of conspiracy and eight counts of securities fraud.
Others charged criminally in the case include Rajiv Goel, director in strategic investments at Intel Corp.'s investment arm; Anil Kumar, a director at global management-consulting firm McKinsey & Co.; Danielle Chiesi and Mark Kurland of New Castle Partners LLC, the one-time equity hedge fund group at Bear Stearns Asset Management Inc.; and Robert Moffat, a senior vice president at International Business Machines Corp. A call to Galleon Group wasn't immediately returned Friday. Preet Bharara, the U.S. Attorney in Manhattan, is expected to discuss the case in more detail at a press conference at 1 p.m. EDT Friday.
Mr RAJARATNAM taxes are placed in the middle of some people in trade, in which he allegedly caused the money to operate Galleon information or advice to give to others. In one case, prosecutors assert that Mr. RAJARATNAM, between January 2006 and July 2007, will receive non-public information about Polycom Inc., Hilton Hotels Corp. and Google Inc. and Galleon Technology has generated funds for the trades on that information was incorrect. As a consequence, Galleon Fund was more than 12.7 million U.S. dollars, said the prosecutor.

gantlet

gantlet
Dodging gangs, violence, drug addicts, many students in public schools in Chicago found that the daily torture to get only the class Before crack, or enter the gates school textbook, the majority of public high school in Chicago has already taken the first day of the test. To get to school, the students roam the streets by gangs carved up at the bus stops on the chaotic and very dangerous fumes from the neighborhood to be avoided.
The situation drew the nation's attention last month when a 16-year-old Fenger High School student was beaten to death on his way to a bus stop after school, and the attack was caught on video. But every day Chicago students face perilous treks away from the lens of a camera. And every year the death toll mounts as some don't complete the journey. In the wake of Derrion Albert's death, the Tribune shadowed teens from six high schools across the city, chronicling their commutes to and from school on foot, in cars and, often, on public transportation, since Chicago Public Schools typically does not bus high school students. All six said they had witnessed violence on their daily journey, and three had, themselves, been attacked or robbed while commuting.
"These are the issues they address, such as going back and forth to school every day," said Chicago Public Schools security chief Michael Shields. "Young people have suffered more than we can imagine what the high school." Consider Percy Harris, a 17-year-old senior from Crane Tech High School in West Side. He brought no fear when describing his journey to school.

boss s day greeting cards

boss s day greeting cards
Christian greeting card and gift company DaySpring Cards in Siloam Springs Inc. cut 53 positions on 6th October. "But 19 of them were outstanding job," said Brenda Turner, director of communications DaySpring. "This means that 34 people were made redundant as a company." Dayspring gave officials two weeks ago and his last day at work, will be Tuesday, Turner said.
The jobs ranged from shop floor positions to a company vice president. "It was all across the company," Turner said. "It was looking at business needs and seeing where those costs could be saved." She said most of the employees were like family and had worked at DaySpring for numerous years. The laid off employees will get severance packages and job transition assistance, Turner said, including help with resume writing, finding other jobs and counseling. Previously, the company had 325 employees, according to its Web site, www.dayspring.com the layoffs will bring the company to 275 employees, Turner said. DaySpring also cut 80 manufacturing jobs last fall. "It is strictly due to challenging economic times," Turner said.
Company other than cards, gift-making items such as journals, tote bags and calendars. Points in non-Turner said, and sales have declined. The Greeting Card Association in the fact sheet states that the U.S. consumers in about 7 billion greeting cards per year, generating about 7.5 billion U.S. dollars in sales. These figures are from 2007, but Barbara Miller, a company spokeswoman, said the numbers are still valid if the figures are from year to year.
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