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OECD study: US ‘high on prisons, low on pensions’

The Organization for Economic Cooperation and Development (OECD) has released a report stating that the United States has the highest percentage of incarcerated citizens in the developed world and ranks ninth from the bottom in social spending. The report was included in what Business Insider calls a “massive pack of…

Wall Street insider trading trial picks jury

NEW YORK – The trial of former hedge fund tycoon Raj Rajaratnam began Tuesday in New York with the painstaking selection of a jury in a case prosecutors see as an example of Wall Street corruption and greed. Sri Lankan-born Rajaratnam, 53, used insider information at his Galleon Group fund…