Category Archives: Under the Bus

Jonathan Gruber – “You never trust the people you cheat with; they will throw you under the bus.”

The Barometer knows many a professor just like MIT professor, Jonathan Gruber. They are professors who have theories that they believe (with the operative word being “believe”) will help businesses, government agency, and, on occasion, presidents. Full of desire to … Continue reading

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“Why is it that defendants remember how much they love their family after they committed a crime that puts that whole relationship in jeopardy?”

U.S. Federal Ditrict Court Judge Jed S. Rakoff during the sentencing hearing for Adam Smith, Harvard MBA.  Mr. Smith was a portfolio manager at the Galleon Group hedge fund and turned state’s evidence.  He received probation.  Raj Rajaratnam, Mr. Smith’s … Continue reading

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Danielle Chiesi Gets Longer Sentence Than Her Longtime Lover Who Threw Her Under the Bus

There have been 49 folks (hedge-fund managers and others from expert networks) charged with insider trading over the past 18 months. Of the 49, forty-six have been convicted or entered guilty pleas. Outside of the Beltway, few have witnessed such … Continue reading

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