News Source: Asian Wall Street Journal
| about 1 month ago
Galleon Group founder Raj Rajaratnam built a business by being at the center of the action. Trading favors and cultivating a network of friends and professional contacts, he tapped into a flow of market-moving information that circulated in Silicon...
News Source: Uinta County News
| about 1 month ago
These days such leave-it-to-the-market views are unfashionable. Regulators, lambasted for snoozing through the bubble, are keen to be seen rooting out manipulation. The case they have brought against Raj Rajaratnam, co-founder of Galleon, a big hedge-...
News Source: The New York Times
| about 1 month ago
Calif. The central witness in a federal insider trading case against Raj Rajaratnam , founder of the Galleon hedge fund, has a more than 10-year history of passing on privileged information to the fund, according to federal court documents. Roomy...
News Source: Reuters
| about 1 month ago
An informant in the Galleon Group insider trading scandal had a history of sending tips to the firm, according to a court document that surfaced on Friday. The hedge fund run by billionaire Raj Rajaratnam received highly confidential nonpublic...
News Source: Times Online
| about 1 month ago
Wall Street was already fascinated by the $25 million insider-trading scandal, but yesterday, as if to keep the interest levels stoked up over the weekend, the Galleon Group drama acquired two surprise new storylines — with allegations that the key...
News Source: The Guardian
| about 1 month ago
He and five others are charged with crimes including securities fraud. Photograph: Louis Lanzano/AP As he sat in the 34th floor office of his Manhattan hedge fund, he could hardly have imagined the consequences. But the high-flying lifestyle of...