hedge fund

After more than a week of deliberations, a jury has convicted former billionaire Wall Street hedge fund manager Raj Rajaratnam on 14 counts of securities fraud. Federal authorities had called the insider trading case the biggest ever involving a hedge fund.

The chief executive of Goldman Sachs told a jury at an insider trading trial Wednesday that a former board member violated the company's confidentiality policies when he discussed board secrets with a then-billionaire hedge fund boss. CEO Lloyd Blankfein listened as prosecutors played snippets of...

The Securities and Exchange Commission's insider-trading charges against Rajat Gupta, former head of consulting firm McKinsey & Co., comes as a shock to many. The news comes after another McKinsey director pleaded guilty to insider-trading charges in January. Should we expect more to come?

Hedge fund manager John Paulson told Paulson & Co. clients that the company made more than $1 billion during the past 18 months on its investment in Citigroup, Bloomberg News reported, citing Paulson's letter to clients this month.

It's hard to say if any of the fads of the past decade will be as memorable as, say, the Hula Hoop or Frisbee. But like every decade, the 2000s (which, technically, started in 2001) had its fair share of interesting trends: from risky investment strategies to inexplicable crazes over pieces of...

On Wednesday, the FBI arrested Don Chu, an expert on Asian markets for Primary Global Research, setting the tone for the SEC's crackdown on insider trading. Chu was charged with conspiracy to commit securities fraud and conspiracy to commit wire fraud.

Some of the best reads for investors from around the Web, including posts on a misunderstanding about kickbacks at Foursquare, the second stimulus plan and the latest in Google perks: servants for its employees.

Among Thursday's best online stories for investors, Nouriel Roubini explains how to avoid a double-dip recession, Melinda Gates discusses philanthropy, and a great profile of super hedge fund AQR Capital Management.

With an estimated net worth of $1.5 billion, the son of a Bronx, N.Y., plumber is now donating the bulk of his fortune to charity. Cooperman's aim: to help "those that are disadvantaged to experience the American dream."

The Securities and Exchange Commission, is examining whether asset managers that recommend and funnel money to hedge funds are acting in investors' best interest. This is important to you if you've got money managed by someone else. If you're a client, you can't easily verify performance and fees...