Word: sixes
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...didn't already feel like a financial ingenue in the wake of last year's Wall Street meltdown and Bernie Madoff's massive Ponzi scheme, maybe the government's latest insider-trading case will help put you over the top. Federal prosecutors have charged six people with conspiracy and securities fraud in a series of insider trades that allegedly netted more than $25 million in illegal profits. The defendants include higher-ups at two hedge funds as well as executives at Intel, IBM and the consulting firm McKinsey. Rajaratnam was arrested with the others on Oct. 16, but he promptly...
...current case involves many charges - all told, six defendants, nine companies whose securities were allegedly illegally traded and many more than that number of actual trades. And while one alleged instance of illegality conveniently included Chiesi comparing her situation to the most famous insider-trading case in recent memory (though Martha Stewart ultimately went to prison for obstruction of justice and making false statements, not insider trading), many of the other instances could be more open to interpretation. This is a big case, and it will take a long time to untangle it in court...
Detailed simultaneously on Tuesday at the Paris meeting and in a paper in the New England Journal of Medicine, the U.S. government-sponsored trial (both the National Institute of Allergy and Infectious Diseases and the U.S. Army provided funding) involved about 16,400 Thai volunteers. Half were given six injections comprising two AIDS vaccines, neither of which had proved effective in previous studies; the other half of the study group was given a placebo. (Read "The Flip Side of Placebos: The Nocebo Effect...
Sheeleigh leads the team in scoring with six goals and one assist. Nichols and classmate Christina Hagner are tied for second with two goals apiece. Setting them up has been sophomore Melanie Baskind, with one goal and five assists, and freshman Alexandra Conigliaro has four assists so far in her rookie season...
...Rajaratnam is a major foreign investor in the Colombo bourse individually as well as through Galleon. Rajaratnam has stakes in at least six banks listed in the bourse and in John Keells Holdings, the largest publicly traded company in the $10 billion market. The market fell 1.6% on Monday, the first day of trading after the Rajaratnam arrest. Brokers said the slide was a knee-jerk reaction to the arrest and could be weathered. "Sri Lanka is the flavor of the month and a lot of first-time international investors are coming in," says Murtaza Jafferjee, managing director...