Tags: NULL whatsapp Ex-Citi man in insider probe More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.com Monday 31 January 2011 9:07 pm whatsapp Share KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search Adsautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search AdsAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCute A FORMER Citigroup hedge fund manager was the latest figure to be identified as a co-conspirator in the US authorities’ probe into insider trading yesterday.Samir Barai, a Citi managing director who founded Barai Capital Management in 2008, was the fund manager referred to in court papers who allegedly took inside information on technology stocks from 2006 to 2008, a Wall St Journal report said.Barai’s involvement is the first time a hedge fund manager has been implicated in the case, which is investigating whether technology firm employees passed information to funds. A number of employees have been arrested and charged but no hedge funds had been implicated until now. Barai has not yet been charged with any wrongdoing.Barai’s involvement centres on a complaint filed by the US Attorney in December, which charges a technology consultant, Winifred Jiau, with insider trading. Jiau was charged with sharing private information about companies including Marvell and Nvidia in a number of telephone conversations with a hedge fund manager. In two such calls made in May 2008, Jiau told hedge fund portfolio managers confidential information about Marvell’s quarterly revenues, margins and earnings per share, before the public announcement. But the recordings of those conversations were seized by US law enforcers after a raid on Barai’s offices, reports said.The complaint alleges that Barai’s firm made profits of more than $820,000 (£517,000) from the tips. Jiau received more than $200,000 from the funds as a consultant with an “expert networking firm,” Primary Global Research.Eight employees of the networking firm have now been arrested in the probe. Show Comments ▼
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whatsapp whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoBetterBe20 Stunning Female AthletesBetterBeUndo Show Comments ▼ The International Monetary Fund (IMF) was criticised by its internal watchdog yesterday for failing to spot the financial crisis, partly because it was “overly influenced” by rich nations. The Independent Evaluation Office said there was a mind-set among IMF economists that developed economies were unlikely to provide a spark for a major financial crisis, given their presumed expertise in monetary and regulatory management. Limited data and insight also prevented its staff from challenging those economies, it said. Wednesday 9 February 2011 8:43 pm More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com IMF failed to spot financial crisis Share KCS-content Tags: NULL
Licensed online gambling operators in Delaware posted $376,331 (£286,930/€337,906) in collective revenue for November, the second-highest monthly total of the year so far and a significant improvement on the year-low of $246,092 in October.Market revenue was up 52.9% on a month-on-month basis, while the November performance placed Delaware just behind its year-high result of $384,820 in September.Players spent a total of $12.4m, which was up from $9.8m in October and also higher than $11.8m in September when the state set its yearly record. Punters won $12.0m from online gaming during the course of November.Table games were again the most popular form on online gaming, with players spending $7.8m and licensees generating $74,220 in revenue.However, despite consumers wagering less on video lottery ($4.6m), operators collected more in revenue ($277,631). In addition, poker rake and fees brought in a further $24,479 in revenue for licensed operators in the state.Read the full story on iGB North America.Image: Nicolas Raymond Regions: US Delaware Delaware’s online gaming market recovers in November 18th December 2019 | By contenteditor Tags: Online Gambling Email Address Finance Licensed online gambling operators in Delaware posted $376,331 in collective revenue for November, the second-highest monthly total of the year so far and a significant improvement on the year-low of $246,092 in October. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Topics: Finance