iOS app Android app

Insider Trading

The Victims of Insider Trading

Jeff Madrick | Posted 07.17.2011 | Business
Jeff Madrick

Nothing surprises me more than when I read that trading on insider information is a victimless crime. In the wake of the conviction of hedge-fund giant Raj Rajaratnam, the claim has come up time and again. In fact, it is entirely untrue.

Tell Me Why I Should Care About Ending Insider Trading

Marty Robins | Posted 07.13.2011 | Business
Marty Robins

As a retail investor, I'm told that I should be happy about the Rajaratnam conviction on various charges related to insider trading activity. The pros...

The Unbearable Brown-ness of Raj Rajaratnam

Sandip Roy | Posted 07.12.2011 | Business
Sandip Roy

Hedge fund billionaire Raj Rajaratnam's trial has shaken up Wall Street not just because of the scale of trial but also because of its color.

WATCH: Rajaratnam's Lawyer Flips Off CNBC

Posted 07.12.2011 | Business

That turned ugly fast. On Wednesday, Galleon Group hedge fund manager Raj Rajaratnam was found guilty on all 14 counts of securities fraud and cons...

Expert Networks Could Be Next Target After Insider Trading Verdict | EVELYN M. RUSLI | Posted 07.12.2011 | Business

With the government securing a conviction against Raj Rajaratnam of the Galleon Group on Wednesday, federal prosecutors will shift their focus to expe...

Lila Shapiro

Rajaratnam Conviction Serves As Powerful Warning Shot On Wall Street | Lila Shapiro | Posted 07.11.2011 | Business

NEW YORK -- The conviction of billionaire hedge fund manger Raj Rajaratnam on all 14 counts in a sprawling, unprecedented insider trading case will se...

Hedge Fund Manager Raj Rajaratnam Found Guilty On 14 Counts Of Insider Trading

Posted 07.11.2011 | Business

In what has been a heavily-watched insider trading case, Galleon Group hedge fund manager Raj Rajaratnam has been found guilty on all 14 counts of sec...

Traders Betting Big On Guilty Verdict In Huge Insider Trading Case

Posted 06.29.2011 | Business

NEW YORK: Traders are betting there is a 90 percent chance that hedge fund manager Raj Rajaratnam will be found guilty of insider trading when the...

The Story Of The Berkshire Hathaway Sokol Scandal

Business Week | Paul M. Barrett | Posted 06.28.2011 | Business

Berkshire's harsh report intensifies the attention the Sokol affair has focused on the succession question at Berkshire, a company whose achievements ...

Investor Used 'Corporate Spies' To Get Insider Tips, Prosecutors Say

AP | By TOM HAYS and LARRY NEUMEISTER | Posted 06.20.2011 | Business

NEW YORK -- Extensive wiretap evidence in the biggest hedge fund insider trading case in history proves a Wall Street heavyweight routinely used a cad...

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.

Insider Trading: 'I Didn't Think Anyone Would Notice' | Posted 06.16.2011 | Business

LONG BEACH, N.Y.--Kenneth T. Robinson knew he should walk away. But in an interview with The Wall Street Journal, he says he just couldn't stop traffi...

The Whirligig of Time Fails to Bring Its Revenges

Vicky Ward | Posted 06.05.2011 | Business
Vicky Ward

Greed never dies; rules are made to be bent; the rich are indeed different from the rest of us -- and Shakespeare's fool was wrong. It would seem the whirligig of time does not, alas, bring its revenges.

Witness: Accused Inside Trader Removed Office Records On Day Of Arrest

Posted 05.29.2011 | Business

NEW YORK (By Grant McCool) - A former Galleon Group trader contends he saw a brother of accused hedge fund founder Raj Rajaratnam remove notebooks...

'Oh, Dude, We're F-----': Insider Trading Trial Wiretaps Fascinate

AP | By TOM HAYS and LARRY NEUMEISTER | Posted 05.28.2011 | Business

NEW YORK -- Jurors at a closely watched federal trial are learning that the high-stakes world of hedge funds sometimes sounded like this: "I need to ...

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.

Goldman Sachs CEO Lloyd Blankfein: Rajaratnam Obtained Confidential Information

Reuters | Grant McCool and Jonathan Stempel | Posted 05.25.2011 | Business

NEW YORK (Reuters) - Goldman Sachs Group Inc Chief Executive Lloyd Blankfein made his much-anticipated appearance at Raj Rajaratnam's trial, telli...

Jury Hears Details Of Intel Leak In Insider Trading Case

Posted 05.25.2011 | Business

NEW YORK (By Jonathan Stempel and Grant McCool) - A former Intel Corp executive testified that he shared company secrets with his friend, hedge fu...

Is Corruption on Wall Street All in the Eyes of the Beholder?

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

It isn't difficult to paint an unflattering picture of the hedge fund industry, which at this very moment is trying to milk money from Japan's roiling markets, profiting from the misery of others.

Biggest Insider Trading Trial In A Generation Begins

Posted 05.25.2011 | Business

NEW YORK (Reuters) - The biggest Wall Street insider trading criminal case in a generation goes to trial on Wednesday, when prosecutors open their...

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.

Jury Selection For Insider Trading Scandal: 'How Honest Do You Think Wall Street Executives Are?'

The Huffington Post | Lila Shapiro | Posted 05.25.2011 | Business

Jury selection starts Tuesday in the biggest insider trading trial in a generation, and the questions put to potential jurors get right to the heart o...

The Insider Trading Scandal: Is It the Crime or the Prosecution?

Zachary Karabell | Posted 05.25.2011 | Business
Zachary Karabell

The insider trading narrative in the court of public opinion may always say greed, but in truth, the gain isn't usually enough for the risk. Something is missing from the conversation.

Ex-Goldman Sachs Board Member Accused Of Insider Trading

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Goldman Sachs former director Rajat K. Gupta has been charged with insider trading by the Securities and Exchange Commission, for allegedly giving a h...

The Fed's 'White Whale' Of Insider Trading

Posted 05.25.2011 | Business

NEW YORK/BOSTON (By Matthew Goldstein and Svea Herbst-Bayliss) - Soon after prosecutors charged two of his former employees with trafficking in co...