iOS app Android app

Galleon

Long-Lost Spanish Treasure Galleon Found Off Colombia's Coast, President Says

The Huffington Post | Nina Golgowski | Posted 12.07.2015 | World

After more than 300 years resting on the Caribbean floor, a sunken Spanish galleon believed to be carrying as much as $17 billion in treasure has been...

Rajaratnam Paid For Tips, Man Testifies

Reuters | Grant McCool and Basil Katz | Posted 05.25.2011 | Business

NEW YORK (Reuters) - A disgraced former McKinsey & Co partner told jurors he leaked secrets about the elite consulting firm's clients in exchange for ...

Goldman CEO Will Testify For Insider Trading Case

Reuters | Soyoung Kim | Posted 05.25.2011 | Business

(Reuters) - Goldman Sachs Group (GS.N) Chief Executive Lloyd Blankfein has agreed to testify for the U.S. government at the upcoming trial of Galleon ...

Key Insider Pleads Guilty In Massive Insider Trading Case

nytimes.com | PETER LATTMAN | Posted 05.25.2011 | Business

In August 2008, Danielle Chiesi, an executive at a New York hedge fund, was swapping confidential information with an associate about a pending reorga...

CEO Overboard

Norb Vonnegut | Posted 05.25.2011 | Business
Norb Vonnegut

Presumably, there was a glory to betting big and being right. The highs from winning more than trumped considerations of fair play. Of course, there was one problem. They got caught.

What Did We Learn from Insider Trading at Galleon?

Norb Vonnegut | Posted 05.25.2011 | Business
Norb Vonnegut

What did we learn from insider trading at Galleon? First, hiring hookers is safer--no jail time--than flirting with with former beauty queens who consult hedge funds. Right, Eliot?

Should Insider Trading Be Made Legal?

James Altucher | Posted 05.25.2011 | Business
James Altucher

I'm simply raising the question. Could legal insider trading lead to a more efficient market that would ultimately benefit investors and allow investigators to probe elsewhere?

Modern Portfoolio Theory II

Norb Vonnegut | Posted 05.25.2011 | Business
Norb Vonnegut

What can investors do when their hedge funds implode? The Galleon scandal puts a fine point on this question.

The Death of Insider Trading

Norb Vonnegut | Posted 05.25.2011 | Business
Norb Vonnegut

Andy Kessler suggests that it's impossible for investors to get a short-term trading edge. It's better to make long-term investments based on big-picture trends.

Galleon Hedge Fund Scandal: The Cursing, The Paranoia And $4 Million For Kenny Rogers On Auto-Repeat

Posted 05.25.2011 | Business

Research assistance by Claire Schneiderman The story of Galleon Group, the hedge fund at the heart of the biggest insider-trading scandal in decades,...