The Galleon Group, whose founder Raj Rajaratnam was arrested today for insider trading, has stated that they were “shocked” to hear the boss had been escorted out of his apartment building, and had “no knowledge” that the FBI and SEC were listening in on Raj and Co’s convos. According to Big G, the firm is “highly liquid” at this time.
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Posted by guest , Oct 16, 2009 2:40PM
No knowledge the FBI and SEC are tapping your phones is the new getting killed by it.
Posted by guest , Oct 16, 2009 2:42PM
More importantly, "Galleon says they are liquid."
There is going to be a headline in a few hours "Galleon is side-pocketing"
Posted by guest , Oct 16, 2009 2:44PM
Raj just needs to remember you only do two days in the joint: The day you go in, and they day you get out.
-Avon
Posted by Mookie , Oct 16, 2009 2:46PM
Well it tells you they were lying because he was arrested at his Sutton Place apartment...not "escorted out of the(office) building."
Posted by guest , Oct 16, 2009 2:48PM
They weren't. He didn't attend the weekly morning meeting today nor did he show up at work at all, nobody in the office knew why.
Posted by NotNasser , Oct 16, 2009 2:56PM
Ratting out your insider-trading ex-boss is the new sensy.
Posted by guest , Oct 16, 2009 3:03PM
What was really a surprise?
Apparently when Raj was arrested, he was found naked watching DVD #8 of the Band of Brothers wearing only a replica WW2 army helmet with the ace of spades cleverly tucked into the webbing.
Posted by guest , Oct 16, 2009 3:07PM
Send him back to the reservation
Posted by guest , Oct 16, 2009 3:10PM
"Insider trading is for amateurs not smart enough to run a Ponzi scheme"
BM
Posted by guest , Oct 16, 2009 3:12PM
6- sensy as in melia?
Posted by guest , Oct 16, 2009 3:18PM
Liquid as in diarrhea running down a toilet after a fucking hot lamb boti?
Posted by guest , Oct 16, 2009 3:21PM
As in: "a surprise that nobody else at the firm was arrested along with him."
Posted by guest , Oct 16, 2009 3:39PM
@12 Yet
Posted by Bud Fox , Oct 16, 2009 3:40PM
I always knew that Mr. Sandman would get his comeuppance.
http://www.walyou.com/img/Nintendo-characters-games-art-mike-tyson-mr-sandman.jpg
Gaspo Gaspoaratnam
Posted by Gaspo Gaspoaratnam , Oct 16, 2009 3:41PM
I always knew that Mr. Sandman would get his comeuppance.
http://www.walyou.com/img/Nintendo-characters-games-art-mike-tyson-mr-sandman.jpg
Gaspo Gaspoaratnam
Posted by guest , Oct 16, 2009 3:58PM
The situation is fluid er... liquid
Posted by guest , Oct 16, 2009 3:59PM
He's gonna show Bernie some of that Karma Sutra...
Posted by ARHedge , Oct 16, 2009 4:09PM
All you ever wanted to know about Raj and Galleon:
http://www.absolutereturn-alpha.com/Article/2318352/Latest-News/Accused-of-insider-trading-Raj-Rajaratnam-has-tangled-with-SEC-before.html
Posted by NotNasser , Oct 16, 2009 4:10PM
#10, Sensy as in Linda Boville.