Monday, October 24, 2011

How's that for a mea culpa?

Raj Rajaratnam Breaks His Silence
Raj Rajaratnam, the disgraced head of the Galleon Group hedge fund, insisted on his innocence until the end. Almost alone among the 50-odd people caught in the insider-trading scandal, he refused to take a plea, and got 11 years in prison for his decision. Why didn't he plead guilty? In his first interview since going to prison, he tells Newsweek’s Suketu Mehta about the challenges facing a South Asian immigrant on Wall Street, his refusal to incriminate former McKinsey CEO Rajat Gupta, and the astrologer who convinced him he'd be let go. He feels betrayed by many of his former Southeast Asian colleagues, but does not say he had an unfair trial: “In Sri Lanka I would have given the judge 50,000 rupees and he’d be sitting having dinner at my house. Here, I got my shot. The American justice system is by and large fair.”

Saturday, October 15, 2011

HOW SAD

2012

Cheryl Senter / AP Photo
4. Anita Perry: Obama Cost My Son His Job
Anita Perry said Friday that she can “empathize” with the unemployed because her son had to resign from his job to work on Rick Perry’s campaign. "He resigned his job two weeks ago because he can't go out and campaign with his father because of SEC regulations," she said, adding later, "My son lost his job because of this administration.” Perry’s son, Griffin, worked at Deutsche Bank, and it’s unclear which regulations his mother was referring to. Still, she said his situation made her better understand the unemployed. "He has a wife... he's trying to start a business. So I can empathize."

Friday, October 14, 2011

THE COPS

SCANDAL

Tina Fineberg / FILE / AP Photo
23. NYPD Admits to Planting Drugs
A former New York City detective admitted in court that it was common practice to plant drugs on innocent people in order to meet arrest quotas. Stephen Anderson, one of eight cops arrested in the scandal, admitted he planted cocaine on four men in a Queens bar in 2008 in order to help his co-worker improve his arrest numbers. "It was something I was seeing a lot of, whether it was from supervisors or undercovers and even investigators," said Anderson. The city paid $300,000 to settle a lawsuit brought by two men falsely arrested by Anderson and his partner.

Monday, October 10, 2011

FOR CHILDREN

While walking in a toy store
The day before today,
I overheard a Crayon Box
With many things to say.

"I don't like red!" said Yellow.
And Green said, "Nor do I!"
And no one here likes Orange,
But no one knows quite why.

"We are a box of crayons
that really doesn't get along,"
Said Blue to all the others.
"Something here is wrong!"

Well, I bought that box of crayons
And took it home with me
And laid out all the crayons
So the crayons could all see

They watched me as I colored
With Red and Blue and Green
And Black and White and Orange
And every color in between
They watched as Green became the grass
And Blue became the sky.

The Yellow sun was shining bright
On White clouds drifting by.
Colors changing as they touched,
Becoming something new.

They watched me as I coloured.
They watched till I was through.
And when I'd finally finished,
I began to walk away.

And as I did the Crayon box
Had something more to say........
"I do like Red! " said the Yellow
And Green said, "So do I !"
And Blue you are terrific!
"So high up in the sky."

"We are a Box of Crayons
Each of us unique,
But when we get together
The picture is complete"
~Author Unknown~

THAT TIGER AGAIN

!

Robert Laberge / Getty Images
13. Fan Throws Hot Dog at Tiger Woods
Adding insult to injury, Tiger Woods, who finished 30th at the Frys.com open, was attacked with a hot dog. A spectator ran onto the course and yelled the name of the former No. 1 golfer before hurling the frankfurter at him. He missed. He then voluntarily got down on the grass and was arrested by security. "When I looked up, the hot dog was already in the air," said Woods. "He was pretty far away from me [though].” “Just an idiot,” said the tournament's director of security. “But it wasn't a chili dog. It could have been really bad."