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Galleon Insider Trading

Raj Rajaratnam's Brother Found Not Guilty Of Insider Trading

Reuters | Posted 07.08.2014 | Business

NEW YORK, July 8 (Reuters) - Rengan Rajaratnam, the younger brother of convicted Galleon Group founder Raj Rajaratnam, was cleared on Tuesday of consp...

This Is What A Rap Song Commissioned By Criminal Traders Sounds Like

The Huffington Post | Mark Gongloff | Posted 02.14.2014 | Business

Are you mad at your ears and want to punish them with something horrible? I've got just the thing. It's a rap song, written and performed by a form...

Ex-Goldman Director Fined Millions Over Insider Trading

Reuters | Posted 07.17.2013 | Business

July 17 (Reuters) - Former Goldman Sachs Group Inc Director Rajat Gupta was ordered to pay a $13.9 million penalty and banned from serving as an offic...

Corrupt Fortune: The Billionaire's Apprentice and the Gaming of Wall Street

Sanjay Sanghoee | Posted 08.10.2013 | Business
Sanjay Sanghoee

The Billionaire's Apprentice: The Rise of the Indian-American Elite and the Fall of the Galleon Hedge Fund is a seminal work that captures the realities of race and greed in America with refreshing objectivity and efficiency, and a book that everyone should read.

D.M. Levine

Jury Convicts Ex-Goldman Director Of Insider Trading

HuffingtonPost.com | D.M. Levine | Posted 06.15.2012 | Business

NEW YORK -- Jurors in a Manhattan federal court Friday found former Goldman Sachs board member Rajat Gupta guilty of conspiracy and securities fraud, ...

D.M. Levine

Defense Rests In Rajat Gupta's Insider-Trading Trial

HuffingtonPost.com | D.M. Levine | Posted 06.12.2012 | Business

The defense rested its case on Tuesday, the final day of testimony in the insider-trading trial of former Goldman Sachs board member Rajat K. Gupta. ...

Hedge Fund Managers: Sex Talk and Prostitutes

Janet Tavakoli | Posted 08.12.2012 | Business
Janet Tavakoli

Some hedge fund managers feel they are above appearances, if not the law. Some investors believe prostitution isn't a big deal, too. But there's a large cohort of investors that won't go near a hedge fund manager with a reputation for using prostitutes.

Government Investigating Top Goldman Executive

The Huffington Post | Bonnie Kavoussi | Posted 03.14.2012 | Business

The U.S. is cracking down on the possibility of insider trading at Goldman Sachs, and not among the peons. The FBI is investigating David Loeb, 41...

Lawyer: Government 'Wildly Expanding' Case Against Ex-Goldman Director

Reuters | Posted 04.08.2012 | Business

* Prosecutors ready to unveil more in insider-trading case * Judge postpones Rajat Gupta trial to May 21 from April 9 * ...

Hedge Fund Employees Allegedly Part Of 'Tight-Knit Circle Of Greed'

The Huffington Post | Jillian Berman | Posted 01.19.2012 | Business

Federal prosecutors have arrested seven hedge fund workers, alleging that they were part of a "tight-knit circle of greed" that took home nearly $78 m...

At Least Four Arrests To Be Revealed, As U.S. Steps Up Insider Trading Probe

Reuters | Posted 03.19.2012 | Business

(Adds details, NEW YORK to dateline, byline) * Level Global co-founder Chiasson to surrender * Former Diamondback trader...

Goldman CEO May Be Asked To Testify In Insider Trading Case

Posted 11.22.2011 | Business

Goldman Sachs Group Inc Chief Executive Officer Lloyd Blankfein and Chief Financial Officer David Viniar could be asked to testify in former board...

Rajaratnam, Convicted Of Insider Trading, Ordered To Pay Millions In SEC Civil Suit

Posted 01.08.2012 | Business

NEW YORK (Reuters) - A federal judge ordered Raj Rajaratnam, the Galleon Group hedge fund founder sentenced to 11 years in prison for insider trad...

"Every Bloody Indian Cooperated to Nail Me": The "Betrayal" of Raj Rajaratnam

Sandip Roy | Posted 12.31.2011 | Crime
Sandip Roy

The Sri Lankan American hedge fund billionaire is feeling aggrieved -- and not just because he's been found guilty of all 14 counts of insider trading. He is mad at his friends, or more specifically his Indian friends, for throwing him to the tigers.

Rajat Gupta Expected To Face Criminal Charges In Insider Trading Case: Source

Posted 12.25.2011 | Business

Former Goldman Sachs director Rajat Gupta will surrender to the FBI on Wednesday to face criminal charges, a person familiar with the investigatio...

A Trading Strategy That Really Works

Dan Solin | Posted 07.31.2011 | Business
Dan Solin

Don't fight market forces. Join them and capture market returns with a globally diversified portfolio of low management fee index funds in an asset allocation suitable for you.

An Outsider's Look at Insider Trading

Dan Solin | Posted 06.19.2011 | Business
Dan Solin

By some accounts, 47 people affiliated with hedge funds in the last 18 months have been charged with insider trading. Some recent cases are worthy of special attention.

That Was a Classy Thing Lloyd Blankfein Did at the Rajaratnam Trial This Week

Henry Blodget | Posted 05.25.2011 | Business
Henry Blodget

The surprising thing about Blankfein's appearance was not what he said on the stand, but what he did when he stepped down.

Rajat Gupta, Wall Street, Greed and India

Georges Ugeux | Posted 05.25.2011 | Business
Georges Ugeux

It is for many of us a huge disappointment to see Rajat Gupta involved in one of the dumbest things one could do on Wall Street.

Morgan Stanley Banker Investigated In Massive Insider Trading Sweep

Posted 05.25.2011 | Business

A Morgan Stanley banker named Kamal Ahmed is under investigation by U.S. authorities for leaking information regarding an upcoming takeover that u...

Raj Rajaratnam, Galleon Head, To Face Upgraded Insider Trading Charges In Court Today

AP | Posted 05.25.2011 | Business

NEW YORK — An October trial date in New York has been set for a wealthy financier charged in what prosecutors call history's largest hedge fund ...

Zvi Goffer And Six Others Plead Not Guilty In Insider Trading Probe

AP | TOM HAYS | Posted 05.25.2011 | New York

NEW YORK — A man regulators call "the Octopussy" and six other white-collar defendants pleaded not guilty Tuesday in federal court in Manhattan ...

Anil Kumar's Guilty Galleon Plea: Ex-McKinsey Director Cops To Securities Fraud Charges

AP | LARRY NEUMEISTER | Posted 05.25.2011 | Business

NEW YORK — A former director of a global management consulting firm pleaded guilty Thursday to securities fraud charges, admitting making $2.6 m...

Raj Rajaratnam: New Charges Coming From Feds Say He Paid Tipsters

AP | LARRY NEUMEISTER | Posted 05.25.2011 | Business

NEW YORK — Federal prosecutors said Tuesday they will file new charges against billionaire hedge fund operator Raj Rajaratnam alleging he made at le...