Galleon Employee Asked To Model Spandex On Conference Room Table

lululemon-pants.jpgSadly, it wasn’t Raj, that we know of, though perhaps he took a test drive later on. I’ll have you know that at Stamford’s premiere hedge fund, the founder takes a more hands on approach to this sort of thing, modeling the goods offered by American Apparel, of which he’s an activist investor, himself, rather than passing the work off onto an underling.* I don’t know how we missed the most amazing aspect of this weekend’s Rajaratnam profile but here you go.

Employees at Galleon recall some unusual scenes. Last summer, Mr. Rajaratnam asked a junior female analyst to buy a black spandex outfit from retailer Lululemon Athletica Inc. as part of a research project into the company, a hotly traded stock.
He then asked the analyst to wear the outfit at the firm’s morning meeting, said people who were there. As employees giggled, Mr. Rajaratnam made the point that few consumers would pay so much money for the expensive outfit in a recession, these people said.

Mr. Rajaratnam then asked the analyst to walk back and forth on top of the conference table, said the people who attended. At that point, the firm’s chief financial officer, Rich Scutte, urged the presentation to stop.
The analyst declined to comment. Jim Walden, attorney for Mr. Rajaratnam said, “This is a complete misrepresentation of a serious research discussion about Lululemon’s products.”

*For example, this item was deemed “Too tight in the crotch.”

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161 Responses to “Galleon Employee Asked To Model Spandex On Conference Room Table”

  1. guest says:

    I think all [hot] women should have to wear lululemon to work. It would make the day go much quicker.

  2. guest says:

    #1: How did he not get sued for harassment??
    #2: Pics or it didn’t happen. :D

  3. guest says:

    raj ftw

  4. guest says:

    Is he hiring?

  5. guest says:

    lulu the lemon song

  6. guest says:

    that’s incredible

  7. Apollo says:

    Much obliged for the picture change, Bess.
    But you forgot to mention the part where fat man made the analyst spank him and drag him across the floor on a leash.
    And also that Meredith Whitney was the analyst in question.

  8. guest says:

    I’d hit that ass 3 times.

  9. guest says:

    Let’s see how well those spandex hold up to my ripping them off the butt of that model and plundering her booty.
    I mean give it a real “test drive”

  10. guest says:

    what’s the big deal?
    -jeff eps

  11. guest says:

    When Raj got within beating distance of some white ass he lost it and all reason went right out the window.

  12. guest says:

    Stuff like this happens at D. E. Shaw all the time. It’s no big deal.

  13. guest says:

    Is he hiring? How about is the junior female analyst in need of a new gig?

  14. guest says:

    Is he hiring? How about is the junior female analyst in need of a new gig?

  15. guest says:

    What a hack.

  16. Effective Date says:

    that’s about a 6 roper

  17. guest says:

    ummm sensy!
    I think the giggling imbecile should do a ‘Lindy Boville’ and sue. Lord knows my man bits are moving as I type this.

  18. guest says:

    I meant slore, not analyst. Sorry, and sorry.

  19. wcburrs87 says:

    This is nothing Bess. I once was a junior analyst for Ping and he thought fleshlights were the next big thing.

  20. guest says:

    @19 Did you have to model them in front of the other analayst’s?

  21. guest says:

    @20 – i think that’s the joke.

  22. guest says:

    You idiots know nothing about research, and really throwing your skin in the game. Riddle me this, bitches:|Kids_3pc._Tiger_Costume_Set&ci_src=14110944&ci_sku=B000FAGA4K&ref=tgt_adv_XSG10001
    -Stefán Cohén

  23. guest says:

    Oddly enough, Lulu just guided higher. Further proof that inside info will beat titillating independent research any day.

  24. guest says:

    Weak day DB

  25. guest says:

    Spandex/leggings are the greatest trend to arrive in women’s fashion of the past 10 years.

  26. guest says:

    I’d tap that ass till she showed me who she’s workin’ with.

  27. guest says:

    Do those thingys come in an edible fabric?

  28. guest says:

    @19 FTW
    @20 Fail

  29. Anal_yst says:

    WTF when I shorted LULU back in ’08 you better believe I did my own thorough diligence, and store visits only begin to scratch the surface…

  30. guest says:

    @24 shut your filthy whore mouth.

  31. guest says:

    Wasn’t Shia available to model?

  32. guest says:

    I’d almost pay to see Raj himself model that number!

  33. guest says:

    @24 cause nothing happened today ie why ron blarney argued for/against/for insider trading. get out there and make something happen, bitch.

  34. guest says:

    that ass ftw

  35. trojan says:

    bess, really, I’ve got about a half a pack of Rolaids in my diaper

  36. guest says:

    @35 uh what?

  37. tohellyouride says:
    It’s never a good idea to let a chubby sri lankan pick women’s focused retail stocks.

  38. tohellyouride says:
    It’s never a good idea to let a chubby sri lankan pick women’s focused retail stocks.

  39. UNTOUCHABLE!! says:

    Just more evidence that guys named “Raj” are douchebags.

  40. guest says:

    Wonder if LULU’s come in strips. That way Raj could hand them out as welcoming gifts to all his soon to be prision bitches.

  41. Dzinka says:

    Is this true?

  42. Dzinka says:

    Is this true?

  43. Dzinka says:

    Is this true?

  44. Ain’t that something?
    Here is an article on why Rajaratnam’s baby brother couldn’t get a date?,2933,41747,00.html

  45. Guest says:

    I prefer a tight crotch.

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