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 ▼
economic development at the same time, although many of the local people’s living standards have improved significantly, but in the vast territory there are still many places been beset by poverty! According to the voice of the Chinese countryside, "three rural China" reported that poverty alleviation, industrial development is the key. To enhance the ability of the poor villages in the development of the industry, hematopoietic capacity, so that poor households to achieve sustainable growth, is the main way to implement accurate poverty alleviation. The development of the industry can not be separated from financial support, but some of the existing financial instruments can not be a good connection to the needs of poor areas, to crack the bottleneck of industrial development funds.
days ago, the reporter walked into Sichuan in poor areas of Suining, explore the local banking industry is how to help people out of poverty. The Spring Festival approaching, is located in the town of Yongxing in Sichuan province Suining City mountain industrial base ship Taiwanofungus again to life. Not long ago, Sichuan 100 Greenfull Sansheng agricultural science and technology limited company to get a loan from the 30 million industry poverty alleviation Suining agricultural firm.
is the 30 million company in the town of Yongxing cattail ditch, mirror, Meng Qiao three poverty-stricken village layout Taiwanofungus industrial base construction can smoothly advance. Sichuan 100 Greenfull Sansheng agricultural science and technology limited company executive director Peng Wei hanging heart finally put down: Peng Wei: if not 30 million, our construction progress is not so quick; after the arrival of funds, the entire project is a major infrastructure construction, the year will be completed.
originally, because of agricultural investment, the initial investment of about 70000000 has made the company into a cash flow tight dilemma; is more difficult, because of the early investment is mostly agricultural infrastructure construction, is not a good evaluation, cash collateral in the short term, there would be large gains, the production and operation of the company the cash flow is not in line with the requirements of the bank loans.
Peng Shuangyong: a big break in credit policy. One is the main guarantee, not the government, the support of relevant departments and platforms involved, do not down; the other is a line of credit, accounts receivable, accounts receivable by government subsidies, credit amount determined, this is also a breakthrough. This is not possible under conventional credit operations and thinking.
reporter learned in Suining rural commercial bank, Suining County as a result of poor natural conditions, through industrial poverty, the amount of money involved is large and concentrated. The 30 million industry poverty alleviation loans become the core power, the normal operation of the current agricultural sustainable life, three agriculture has circulation of the town of Yongxing Chuanshan District three poor village 2640 acres of land, Antrodia Antrodia seedling, the construction of science popularization base, high quality rice farmland consolidation work is gradually pushed. Ship mountain Yongxing Zhen Meng Qiao Cun villagers Tang Shiqiong:
Tang Shiqiong: if you can really out of poverty out of poverty, the people say you are out of poverty out of poverty; like age, industry do so together, recommended