rajaratnam
| 9:00PM 3/02/2011
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?
| 10:30AM 12/04/2009
The Wall Street Journal has done a public service by getting its hands on court records in the case of Galleon Holdings founder Raj Rajaratnam, who is currently walking around on $100 million bail. He's no Bernie Madoff, who stole $60 billion from his investors in a Ponzi scheme. Rajaratnam...
| 2:00PM 11/24/2009
Billionaire hedge fund manager Raj Rajaratnam had vowed to fight the insider trading charges against him with the same vigor he used to amass his fortune. And now his army of seasoned lawyers is swinging back hard against allegations that the founder of the Galleon Group engaged in insider trading...
| 11:00AM 10/30/2009
Some cancers are particularly nasty because they spread so quickly through the body. The same can be said for the way insider trading can spread its black wings throughout the financial system. This comes to mind as one contemplates the latest revelations about Galleon Group, the formerly $3.7...
| 10:45AM 10/25/2009
We already knew that Raj Rajaratnam, the head of the now-liquidating Galleon Group who is worth $1.5 billion and is free after posting $100 million bail, allegedly traded on inside information. But up until Saturday morning, I had thought Rajaratnam's alleged insider information pertained only to...
| 10:50AM 10/21/2009
Galleon Holdings, the $3.7 billion hedge fund run by accused insider-trader Raj Rajaratnam (pictured), who is now free on $100 million bail, is shutting down. The big reason is that many of its investors -- college endowments such as Colgate University and state pension funds including the Virginia...
| 4:20PM 10/20/2009
As federal investigators expand their allegations of insider trading centered on tech hedge-fund giant the Galleon Group, rivals are already looking to take advantage of the firm's desperation. Galleon cofounder Raj Rajaratnam told the firm's employees that he was innocent and would fight all...