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Jed York, the 49ers CEO, has hired several executives from Silicon Valley tech companies for key front-office positions, including former Facebook Inc. executive Gideon Yu, who is now the team's president and a part owner.
WSJ: Tech Players Drawn to 49ers, New Digs
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Rajat Gupta stood in front of U.S. District Judge Jed Rakoff in New York and received a federal prison sentence of 24 months in prison followed by one year of supervised release, far below the 8-10 years of prison that the government was requesting.
FORBES: Ex-McKinsey Boss, Rajat Gupta, Sentenced to 2 Years in Federal Prison
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The four-page decision by U.S. District Judge Jed Rakoff in New York is a blow to the Mets owners, Saul Katz and Fred Wilpon, who have been in a prolonged legal battle for more than a year with Irving Picard, the court-appointed bankruptcy trustee seeking to find money for victims of Mr. Madoff's Ponzi scheme.
WSJ: Mets Owners Must Return Madoff Profits, Face Trial