DIVORCE UPDATES: Raj Rajaratnam, Warren Buffet, Rajat Gupta, Goldman Sachs, SEC

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DIVORCE UPDATES – RAJ, RAJAT, WARREN, GOLDMAN, SEC: Well, so far, Raj Rajaratnam is NOT getting divorced from Asha Pabla. That marriage is intact even though the government’s probe of Raj’s insider trading case is widening to include Warren Buffet’s Berkshire Hathaway (Warren is still happily married to Astrid, btw), Goldman Sachs and Goldman director …

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NEW YORK: Barclays and Bank of America threaten to divorce Raj Rajaratnam

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Everybody is talking trash about Raj Rajaratnam, including his former paramours Barclays Bank and Bank of America. The Guardian.co.uk did a report yesterday, suggesting that these banking giants are planning to divorce their former wonder boy.  The speed and scope of redemptions has left Galleon’s traders hurrying to liquidate investments. Many of them are said …

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NEW YORK: The Martha Stewart/Kmart divorce comes on the heel of Danielle Chiesi's arrest for insider trading alongside Raj Rajaratnam

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Martha and Martha Stewart Omnimedia and Kmart have parted ways. The threesome had, what I guess you can call, a divorce. Martha put out a press release basically waxing poetic about the relationship the three had and that it was “productive” and that she wished them well post-breakup. Some speculate that Martha Stewart Omnimedia “cheated” …

Read moreNEW YORK: The Martha Stewart/Kmart divorce comes on the heel of Danielle Chiesi's arrest for insider trading alongside Raj Rajaratnam

NEW YORK: Raj Rajaratnam's wife Asha Pabla must be wondering if October is a good month to file for divorce

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http://www.flickr.com/photos/the-o/ / CC BY 2.0 Yet another billionaire on Wall Street hits the skids. This time it is Sri Lankan American hedge fund manager extraordinaire, Raj Rajaratnam. Breaking news today is that Raj has been arrested and charged with insider trading along with some other high profile executives at IBM and a few other notables. My big …

Read moreNEW YORK: Raj Rajaratnam's wife Asha Pabla must be wondering if October is a good month to file for divorce

Are hedge funds the new way to finance your divorce?

DIVORCING WITH A COOP

How to finance your divorce Riveting article in today’s Guardian.co.uk. that leaves me wondering whether American couples going through divorce may soon fund their divorce expenses through hedge funds. You can find the article here: http://www.guardian.co.uk/business/2009/oct/16/hedge-funds-divorce-litigation-funding It is slightly dense if one is not a financial brain, but what seems to be the basic point is …

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