21 November 2011 / by Radmila Gurkova

This week in your classes - Raj Rajaratnam jailed for 11 years for insider trading. The famous money scandal turns into a topic in your classes

httpv://www.youtube.com/watch?v=5nAYAnwWsfQ

Raj Rajaratnam, a former billionaire described by the government as "the modern face of illegal insider trading" was sentenced Thursday to 11 years in prison, the longest insider trading sentence ever.

A former hedge-fund manager has been sentenced to 11 years in jail for one of the biggest insider trading cases in American history.  Raj Rajaratnam, 54, was fined $10m (£6.4m).  The Galleon Group founder made well over $50m from illegal trades.  Sri Lankan-born Rajaratnam was convicted of 14 counts of securities fraud and conspiracy charges in May after a two-month trial.

District Judge Richard Holwell disclosed that Rajaratnam has advanced diabetes and needs a kidney transplant, and that this had been taken into consideration in the sentencing.  The judge also praised Rajaratnam's philanthropy for victims of the earthquake in Pakistan and the 9/11 attacks.

Learn more about this case and practice some interesting vocabulary in your class.

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13

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(See if you can spot the mistakes in the picture - scroll down to check for answers) Suffixes are groups of letters added to the end of other words t...

13

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by Radmila Gurkova
I AM GOING TO - Future simple to express things in the immediate future. So when we make New Year's Resolutions we normally use GOING TO to express actions in the nea...

13

January 2012
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by Radmila Gurkova
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06

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by Radmila Gurkova
httpv://www.youtube.com/watch?v=QbMNaGt8qjc Charity organisation TRAFFIC said that 2011 it had seen high numbers of large ivory captures. TRAFFIC represents the support of Illegal ivory trade. Illegal ivory trade has increased since 2007, the increase is over 800 kg in weight. But in 2010 they only had 10 large captures. There...

06

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FOR years TO stop
by Radmila Gurkova
FOR & TO ...