Caught in Insider Trading Crackdown, Ex-Galleon Trader Turns It Around Adam Smith, a former trader at the Galleon Group hedge fund, turned his brush with the law into a top job at American Prison Galleon Group founder Raj Rajaratnam - one of the richest men in America - was arrested last month with five others in an insider trading scheme that netted $25 million for its participants. Rajat Gupta, a former director of Goldman Sachs and Procter & Gamble and the former chief of consulting firm McKinsey Co. March 1, 2011 Co-defendant Danielle Chiesi pleads guilty “This guilty plea causes me great pain, and I’m deeply ashamed by what I did,” May 11, 2011 Career The Indian woman who helped crack Wall Street’s biggest insider trading case is applying to business school. After a 12-year-long investigation, hedge fund trader and co-founder of Galleon Group, Raj Rajaratnam, was arrested early on a Friday morning in October 2009, charged with partaking in one of the biggest insider trading cases in US history.
INSIDER TRADING AT THE GALLEON GROUP 2 Overview/Dates Facts/ Issues Insider trading suggests the buying and selling of a company's stock with 11 May 2011 in New York in the largest insider trading case ever involving hedge funds. Raj Rajaratnam, billionaire co-founder of Galleon Group, enters Manhattan relying on corporate tipsters who were feeding him insider information that led to Overview · Finances · People · Press · Public Editor · Corrections
INSIDER TRADING AT THE GALLEON GROUP 2 Overview/Dates Facts/ Issues Insider trading suggests the buying and selling of a company's stock with 11 May 2011 in New York in the largest insider trading case ever involving hedge funds. Raj Rajaratnam, billionaire co-founder of Galleon Group, enters Manhattan relying on corporate tipsters who were feeding him insider information that led to Overview · Finances · People · Press · Public Editor · Corrections 11 May 2011 Raj Rajaratnam, co-founder of Galleon Group, was convicted Wednesday of 14 federal charges. Prosecutors said he made a fortune by 27 Jun 2011 The ultimate edge was insider trading—the acquisition of nonpublic “It is hedge funds like Galleon Group that create wealth for their Founded in January 1997, The Galleon Group manages a series of funds that specialize in the technology and healthcare industries.
The Galleon Group was one of the largest hedge fund management firms in the world, managing over $7 billion, before closing in October 2009. The firm was the center of a 2009 insider trading scandal which subsequently led to its fall. The firm was founded by Raj Rajaratnam, a former equity research analyst The story of Galleon Group, the hedge fund at the heart of the biggest insider-trading scandal in decades, has plenty of colorful characters from a billionaire whose charitable donations ended up aiding rebels in Sri Lanka to a foul-mouthed ex-Bear Stearns executive who befriended a mild-mannered IBM vice president. his hedge fund management firm Galleon Group managed over $7 billion. His firm was known for its strong research in making trading decisions, but soon it was discovered that Rajaratnam was involved in insider trading. Insider trading is wrong, no matter which of the two classic philosophical lenses is applied – deontology or consequentialism. Galleon Group founder Raj Rajaratnam - one of the richest men in America - was arrested last month with five others in an insider trading scheme that netted $25 million for its participants.
The Galleon Group was one of the largest hedge fund management firms in the world, managing over $7 billion, before closing in October 2009. The firm was the center of a 2009 insider trading scandal which subsequently led to its fall. The firm was founded by Raj Rajaratnam, a former equity research analyst The story of Galleon Group, the hedge fund at the heart of the biggest insider-trading scandal in decades, has plenty of colorful characters from a billionaire whose charitable donations ended up aiding rebels in Sri Lanka to a foul-mouthed ex-Bear Stearns executive who befriended a mild-mannered IBM vice president. his hedge fund management firm Galleon Group managed over $7 billion. His firm was known for its strong research in making trading decisions, but soon it was discovered that Rajaratnam was involved in insider trading. Insider trading is wrong, no matter which of the two classic philosophical lenses is applied – deontology or consequentialism.