Archive for April, 2011

We May Have Been Born at Night…

Friday, April 1st, 2011

David Sokol, one of the Berkshire executives considered on the inside track to replace the Oracle of Omaha and Raj Rajaratnam, Galleon Group founder and former board director at Goldman Sachs, must hope that we were all born last night. They would have us, the SEC and the judiciary collectively believe that they did nothing wrong as they enriched themselves to the tune of millions of dollars in a matter of minutes based on non-public, inside trading information. Rat, er, Raj is already on trial. Sokol’s day is yet to come. (more…)