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Tag: Galleon Group

Inside Trader Gets Record Prison Sentence of … 11 Years

The Wall Street Journal got our attention with Thursday’s breathless report about Raj Rajaratnam, whom the Murdochian concern dubbed “the face of the biggest trading scandal in a generation,” and his newly dispensed prison sentence, “the longest-ever term handed down for an insider case.” So how long will Rajaratnam be locked up, if he’s unlucky?

Posted on Oct 13, 2011 READ MORE


Hedge Fund Founder Found Guilty: Who’s Next?

The founder of the Galleon Group hedge fund, Raj Rajaratnam, faces 25 years in prison after a jury convicted him on 14 charges related to a six-year insider-trading binge that netted him more than $60 million. (more)

Posted on May 11, 2011 READ MORE

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