New York Times (December 2)
“The dictatorship remains, and those detained as a result of the street protests are presumably still in jail. But Wednesday’s announcement is a remarkable turnabout. Historically, popular protests in modern China have not resulted in more freedom but in less.” “The dictatorship remains, and those detained as a result of the street protests are presumably still in jail. But Wednesday’s announcement is a remarkable turnabout. Historically, popular protests in modern China have not resulted in more freedom but in less.”
Tags: China, Detained, Dictatorship, Freedom, Jail, Popular protests, Remarkable, Street protests, Turnabout
Boston Globe (October 17)
Galleon hedge fund founder Raj Rajaratnam received the longest insider trading sentence ever meted out in the U.S. The Globe believes Rajaratnam fully deserves the 11-year jail sentence. “Markets are built around principles of fairness and disclosure. Insider trading perverts these principles and tilts the playing field against average investors…. Rajaratnam’s actions were a fraud on the market and an insult to every other investor who played by the rules. His was a crime with millions of victims, and his harsh punishment is entirely appropriate.”
Tags: Galleon, Insider trading, Jail, Rajaratnam, Sentence, U.S.