Those who took my Senior Seminar class may remember our discussion of corporate takeovers. We saw a video which includes a debate between M.I.T professor Lester Thurow and Rudy Giuliani (then U.S. Attorney) about whether an efficient market is enforceable or just an illusion.
Theory aside, Raj Ratharatnam now faces an eleven year sentence for insider trading.
http://dealbook.nytimes.com/2011/10/13/rajaratnam-is-sentenced-to-11-years/?partner=rss&emc=rss
from the New York Times
Theory aside, Raj Ratharatnam now faces an eleven year sentence for insider trading.
http://dealbook.nytimes.com/2011/10/13/rajaratnam-is-sentenced-to-11-years/?partner=rss&emc=rss
from the New York Times
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