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Rajaratnam's lawyer: U.S. 'has it wrong'
Raj Rajaratnam, co-founder of the Galleon Group LLC hedge fund, relied on newspaper articles, research reports and his company's own analysis for information to make stock trades, not insider tips, his lawyer said at the opening of his criminal trial. On Wednesday a prosecutor accused Rajaratnam of "greed" and said he "exploited a corrupt network of people" to earn millions of dollars in illegal profits.Buyers wait for an all clear' from the home market
THE U.S. HOME market is like a beach after a shark has been spotted. Almost everyone is avoiding the water until an "all clear" has been given by the lifeguard. If you believe the industry's main trade group-the Chicago-based National Association of Realtors-the frothy waters of the U.S. home market may be safe for waders.Appeals courts: More caution was needed in dismissing jurors
Japan leader made wrong choice for financial czar
It's buyer's remorse, Japan-style. A month after naming Shizuka Kamei financial services minister, Yukio Hatoyama must be wondering what he was thinking. Prime Minister Hatoyama's attempts to impress investors are being scuttled by Kamei's apparent contempt for them. Hanging in the balance is Japan's economic outlook.With Pelosi, lobbyists will see a new day
EVEN WHILE Nancy Pelosi was becoming one of the most vocal opponents of the current culture of lobbying, she was also receiving support from lobby groups of all stripes. Now that she is speaker of the House, many lobbying groups are tugging even harder at her seams, some with smiles on their faces, others wanting a compromise.Ten days left to decide bills' fate
The Georgia General Assembly has just 10 legislative days left to decide the fate of efforts to modernize the state's rules of evidence, shift powers in the indigent defense system, allow prosecutors to appeal retrials for convicted defendants, expand the state's mental health court system and overhaul the compilation of eligible juror lists.Losing ugly: GOP strategy on health care may backfire
THE DEMOCRATS WON their health-care victory ugly, after a yearlong, fractious, uninspiring process filled with rancid deals and worse compromises, redeemed only by the moment when they actually delivered reform to the country. Republicans lost even uglier, not so much in opposition as in sullen, lockstep refusal to consider any reforms, even ones they were previously for, like cutting waste and fraud from Medicare.Five tips to handle e-discovery in a crisis
Many corporate law departments faced with adversity in terms of significant litigation or government investigations are often told it is a "bet the company" event and thus no effort should be spared in the defense of the organization. In the world of electronic discovery, this has translated into legal and service provider bills in the millions of dollars.Trending Stories
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