Raj Rajarathnam’s Bail
Raj Rajaratnam looked unusually charming in person. Surrounded by a troupe of lawyers inside the magisterial courtroom in Manhattan’s Second District Courthouse, he was calm, unflappable and dressed in a uniform black. A newspaper sketch artist hovered around him like a fly, closely studying his sideburns for exact representation in pastels.
Read MoreHigh Pay is Back on Wall Street
From Fins.com: Old habits are hard to break on Wall Street, which looks like it may be back to lofty pay packages of 2007.Goldman Sachs is poised to pay out about $20 billion this year, which comes to a cool $700,000 per employee. This is a few thousands higher than compensation in the boom-days of [...]
Read MoreNY State Sets Payments to Egg Donors for Stem-Cell Research
New York has become the first state to pay women for donating egg cells for taxpayer-funded research into embryonic stem cells, according to the Washington Post. New York’s Empire State Stem Cell Board will offer as much as $10,000 in state funds to a qualified donor. Read More at wsj health blogs
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