Hedge fund billionaire Steven A. Cohen in sworn testimony earlier this year called the rules on insider trading very vague and said sometimes it's a judgment call as to whether a tidbit about a public company is inside information.
IBT Staff Reporter
Dec 13, 2011
Hedge fund billionaire Steven A. Cohen in sworn testimony earlier this year called the rules on insider trading very vague and said sometimes it's a judgment call as to whether a tidbit about a public company is inside information.
IBT Staff Reporter
Dec 13, 2011
To hear it from one side, private equity and hedge fund managers are under a veritable siege: under attack from politicians, regulators, an ornery market and uneasy clients. But the hedge fund managers themselves seem to be saying all is good in Greenwich.
Eleazar David Meléndez
Dec 07, 2011
Raj Rajaratnam, 54, the founder of the Galleon Group and a hedge fund multimillionaire, began his 11-year prison sentence at a former military base, near the town of Ayer, Massachusetts.
Raymond Ronamai
Dec 06, 2011
Hedge fund multimillionaire Raj Rajaratnam began serving his 11-year prison sentence on Monday - the longest on record for insider trading - at a former military base near a small, leafy Massachusetts town.
IBT Staff Reporter
Dec 05, 2011
Raj Rajaratnam, the man who was convicted of massive insider trading scheme, will begin his 11 year prison sentence on Monday.
Michael Billera
Dec 05, 2011
A year after four hedge funds were raided as part of a sweeping probe into insider trading, agents are ready to arrest as many as three people who worked at the raided funds, sources familiar with the investigation said.
IBT Staff Reporter
Dec 01, 2011
A year after four hedge funds were raided as part of a sweeping probe into insider trading, agents are ready to arrest as many as three people who worked at the raided funds, sources familiar with the investigation told Reuters.
Eric Linton
Dec 01, 2011
Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein may be asked to testify in a market regulator's insider-trading case against a former director of the Wall Street bank, a judge ruled.
IBT Staff Reporter
Nov 30, 2011
Lawyers for multimillionaire hedge fund founder Raj Rajaratnam on Wednesday sought a delay of his prison sentence just five days before he was due to start serving 11 years for insider trading.
IBT Staff Reporter
Nov 30, 2011
At least two Goldman Sachs Group Inc executives face potential interviews under oath in connection to Rajat Gupta case.
Raymond Ronamai
Nov 19, 2011
Before Indra Nooyi became CEO of PepsiCo Inc. or Vikram Pandit took the reins at Citigroup Inc., there was Rajat Gupta, the original global Indian who was the first to head a major Western business.
IBT Staff Reporter
Oct 30, 2011
Rajat Gupta, a former Goldman Sachs Group Inc director and former global head of McKinsey & Co, was arrested on Wednesday on criminal charges related to his hedge fund manager friend Raj Rajaratnam, the central figure in a U.S. crackdown on insider trading.
IBT Staff Reporter
Oct 26, 2011
Rajat Gupta, a former director of Goldman Sachs Group Inc and Procter & Gamble, was arrested on Wednesday on insider trading charges, making him the most prominent executive to be accused in a broad U.S. crackdown on illegal leaks of corporate secrets.
IBT Staff Reporter
Oct 26, 2011
Rajat Gupta, former Goldman Sachs director and former head of McKinsey & Co, will surrender to the FBI on Wednesday to face criminal insider trading-related charges, a person familiar with the investigation said.
IBT Staff Reporter
Oct 25, 2011
Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend, former Goldman Sachs Group Inc director Rajat Gupta, Newsweek Daily Beast reported.
IBT Staff Reporter
Oct 24, 2011
Raj Rajaratnam has broken his silence in an interview with Newsweek.
Roland Li
Oct 24, 2011
Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend, former Goldman Sachs director Rajat Gupta, The Daily Beast online newspaper reported.
IBT Staff Reporter
Oct 24, 2011
Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend, former Goldman Sachs director Rajat Gupta, The Daily Beast online newspaper reported.
IBT Staff Reporter
Oct 24, 2011
Sri Lankan-born Hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for the biggest hedge fund insider trading case in the U.S., but the verdict was not as stringent as legal circles had predicted.
Jijo Jacob
Oct 14, 2011
Raj Rajaratnam, a self-made hedge fund tycoon convicted in the biggest Wall Street trading scandal in a generation, was ordered on Thursday to serve 11 years in prison, one of the longest sentences ever in an insider-trading case but far less than prosecutors sought.
IBT Staff Reporter
Oct 13, 2011
Raj Rajaratnam, a self-made hedge fund tycoon convicted in the biggest Wall Street trading scandal in a generation, was ordered on Thursday to serve 11 years in prison, one of the longest sentences ever in an insider-trading case.
IBT Staff Reporter
Oct 13, 2011
