One-off family comedy. Father and son Len and Joe Spud have very little, but they become overnight billionaires when Len invents a new toilet roll. Joe now has everything he ever wanted - except a friend.

Len starts dating Sapphire Diamond - a 40-something-year-old hand model who claims to be 21 - who is only with him for his money, and he neglects Joe. The butler helps Joe to transfer to the local comprehensive, where Joe is sure he will make some friends.

India's income inequality in 2017 may be worse than what it was during the British Raj. According to a paper titled 'Indian income inequality, 1922-2014: From British Raj to Billionaire Raj?' penned by renowned economist Thomas Piketty and Lucas Chancel, India witnessed a sharp rise in the incomes of top 1 per cent post 1980s.

The study, which took inputs from household surveys, national accounts, NSSO data and recently released tax tabulations tracks the dynamics of Indian income inequality from 1922 to 2014.

The share of national income accruing to the top 1% income earners is now at its highest level since the creation of the Indian Income tax in 1922 during the British colonial rule. The top 1% of earners captured less than 21% of total income in the late 1930s, before dropping to 6% in the early 1980s and rising to 22% today, the paper said.

One-off family comedy. Father and son Len and Joe Spud have very little, but they become overnight billionaires when Len invents a new toilet roll. Joe now has everything he ever wanted - except a friend.

Len starts dating Sapphire Diamond - a 40-something-year-old hand model who claims to be 21 - who is only with him for his money, and he neglects Joe. The butler helps Joe to transfer to the local comprehensive, where Joe is sure he will make some friends.

India's income inequality in 2017 may be worse than what it was during the British Raj. According to a paper titled 'Indian income inequality, 1922-2014: From British Raj to Billionaire Raj?' penned by renowned economist Thomas Piketty and Lucas Chancel, India witnessed a sharp rise in the incomes of top 1 per cent post 1980s.

The study, which took inputs from household surveys, national accounts, NSSO data and recently released tax tabulations tracks the dynamics of Indian income inequality from 1922 to 2014.

The share of national income accruing to the top 1% income earners is now at its highest level since the creation of the Indian Income tax in 1922 during the British colonial rule. The top 1% of earners captured less than 21% of total income in the late 1930s, before dropping to 6% in the early 1980s and rising to 22% today, the paper said.

As you probably know, Raj Rajaratnam was just found guilty of all 14 counts on insider trading and conspiracy to commit securities fraud.

The insider trading evidence that was revealed in the wiretaps of Raj’s conversations with a spunky (some people might even say slutty, or as Raj put it, “trashy”) hedge fund analyst, McKinsey execs, a Goldman board member, and an Intel executive was fascinating. We covered it extensively.

In addition to all of the damning evidence, the tapes also gave a look into the life of a billionaire: Raj’s vacations to France, Italy, Miami, and the Caribbean, his dinners at Nobu, Raj jet-setting, eating dinner with important people, getting honored at fancy dinner parties, and much more…

One-off family comedy. Father and son Len and Joe Spud have very little, but they become overnight billionaires when Len invents a new toilet roll. Joe now has everything he ever wanted - except a friend.

Len starts dating Sapphire Diamond - a 40-something-year-old hand model who claims to be 21 - who is only with him for his money, and he neglects Joe. The butler helps Joe to transfer to the local comprehensive, where Joe is sure he will make some friends.

India's income inequality in 2017 may be worse than what it was during the British Raj. According to a paper titled 'Indian income inequality, 1922-2014: From British Raj to Billionaire Raj?' penned by renowned economist Thomas Piketty and Lucas Chancel, India witnessed a sharp rise in the incomes of top 1 per cent post 1980s.

The study, which took inputs from household surveys, national accounts, NSSO data and recently released tax tabulations tracks the dynamics of Indian income inequality from 1922 to 2014.

The share of national income accruing to the top 1% income earners is now at its highest level since the creation of the Indian Income tax in 1922 during the British colonial rule. The top 1% of earners captured less than 21% of total income in the late 1930s, before dropping to 6% in the early 1980s and rising to 22% today, the paper said.

As you probably know, Raj Rajaratnam was just found guilty of all 14 counts on insider trading and conspiracy to commit securities fraud.

The insider trading evidence that was revealed in the wiretaps of Raj’s conversations with a spunky (some people might even say slutty, or as Raj put it, “trashy”) hedge fund analyst, McKinsey execs, a Goldman board member, and an Intel executive was fascinating. We covered it extensively.

In addition to all of the damning evidence, the tapes also gave a look into the life of a billionaire: Raj’s vacations to France, Italy, Miami, and the Caribbean, his dinners at Nobu, Raj jet-setting, eating dinner with important people, getting honored at fancy dinner parties, and much more…

Raj Rajaratnam is a Sri Lankan-American former hedge fund manager and billionaire founder of the Galleon Group, a New York-based hedge fund management firm. On October 16, 2009, he was arrested by the FBI for insider trading , which ... He stood trial in U.S. v Rajaratnam (09 Cr. 01184) in the United States District ...
en.wikipedia.org

Oct 19, 2009 ... Billionaire hedge fund manager arrested over $20million insider ... executives arrested on Friday in a hedge fund insider trading case that ...
www.dailymail.co.uk

Steven A. Cohen (born June 11, 1956) is an American investor, hedge fund manager, and ... 6 Legacy and awards; 7 See also; 8 References; 9 External links ... On November 20, 2012, Cohen was implicated in an alleged insider trading scandal ... was dropped in October 2015, weakening the SEC's case against Cohen.
en.wikipedia.org

One-off family comedy. Father and son Len and Joe Spud have very little, but they become overnight billionaires when Len invents a new toilet roll. Joe now has everything he ever wanted - except a friend.

Len starts dating Sapphire Diamond - a 40-something-year-old hand model who claims to be 21 - who is only with him for his money, and he neglects Joe. The butler helps Joe to transfer to the local comprehensive, where Joe is sure he will make some friends.

India's income inequality in 2017 may be worse than what it was during the British Raj. According to a paper titled 'Indian income inequality, 1922-2014: From British Raj to Billionaire Raj?' penned by renowned economist Thomas Piketty and Lucas Chancel, India witnessed a sharp rise in the incomes of top 1 per cent post 1980s.

The study, which took inputs from household surveys, national accounts, NSSO data and recently released tax tabulations tracks the dynamics of Indian income inequality from 1922 to 2014.

The share of national income accruing to the top 1% income earners is now at its highest level since the creation of the Indian Income tax in 1922 during the British colonial rule. The top 1% of earners captured less than 21% of total income in the late 1930s, before dropping to 6% in the early 1980s and rising to 22% today, the paper said.

As you probably know, Raj Rajaratnam was just found guilty of all 14 counts on insider trading and conspiracy to commit securities fraud.

The insider trading evidence that was revealed in the wiretaps of Raj’s conversations with a spunky (some people might even say slutty, or as Raj put it, “trashy”) hedge fund analyst, McKinsey execs, a Goldman board member, and an Intel executive was fascinating. We covered it extensively.

In addition to all of the damning evidence, the tapes also gave a look into the life of a billionaire: Raj’s vacations to France, Italy, Miami, and the Caribbean, his dinners at Nobu, Raj jet-setting, eating dinner with important people, getting honored at fancy dinner parties, and much more…

Raj Rajaratnam is a Sri Lankan-American former hedge fund manager and billionaire founder of the Galleon Group, a New York-based hedge fund management firm. On October 16, 2009, he was arrested by the FBI for insider trading , which ... He stood trial in U.S. v Rajaratnam (09 Cr. 01184) in the United States District ...
en.wikipedia.org

Oct 19, 2009 ... Billionaire hedge fund manager arrested over $20million insider ... executives arrested on Friday in a hedge fund insider trading case that ...
www.dailymail.co.uk

Steven A. Cohen (born June 11, 1956) is an American investor, hedge fund manager, and ... 6 Legacy and awards; 7 See also; 8 References; 9 External links ... On November 20, 2012, Cohen was implicated in an alleged insider trading scandal ... was dropped in October 2015, weakening the SEC's case against Cohen.
en.wikipedia.org

Posts here and here yesterday focused on the Securities and Exchange Commission's press release that strangely highlighted what it said was Raj Rajaratnam's status as a "billionaire." It's worth noting that the U.S. Attorney's Office for the Southern District of New York put out its own press release (pdf) on the case and, unlike the S.E.C., managed to do so without characterizing Mr. Rajaratnam's wealth.

One-off family comedy. Father and son Len and Joe Spud have very little, but they become overnight billionaires when Len invents a new toilet roll. Joe now has everything he ever wanted - except a friend.

Len starts dating Sapphire Diamond - a 40-something-year-old hand model who claims to be 21 - who is only with him for his money, and he neglects Joe. The butler helps Joe to transfer to the local comprehensive, where Joe is sure he will make some friends.

The dangers of India’s Billionaire Raj - Livemint


The Billionaire Raj by James Crabtree - Random House

Posted by 2018 article

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