• 16 Oct 2009 at 2:37 PM

Galleon: This Came As A Surprise

By Bess Levin

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.

Comments (19)

  1. 1
    Posted by guest | October 16, 2009 at 2:40 PM

    No knowledge the FBI and SEC are tapping your phones is the new getting killed by it.

  2. 2
    Posted by guest | October 16, 2009 at 2:42 PM

    More importantly, “Galleon says they are liquid.”
    There is going to be a headline in a few hours “Galleon is side-pocketing”

  3. 3
    Posted by guest | October 16, 2009 at 2:44 PM

    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

  4. 4
    Posted by Mookie | October 16, 2009 at 2:46 PM

    Well it tells you they were lying because he was arrested at his Sutton Place apartment…not “escorted out of the(office) building.”

  5. 5
    Posted by guest | October 16, 2009 at 2:48 PM

    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.

  6. 6
    Posted by NotNasser | October 16, 2009 at 2:56 PM

    Ratting out your insider-trading ex-boss is the new sensy.

  7. 7
    Posted by guest | October 16, 2009 at 3:03 PM

    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.

  8. 8
    Posted by guest | October 16, 2009 at 3:07 PM

    Send him back to the reservation

  9. 9
    Posted by guest | October 16, 2009 at 3:10 PM

    “Insider trading is for amateurs not smart enough to run a Ponzi scheme”
    BM

  10. 10
    Posted by guest | October 16, 2009 at 3:12 PM

    6- sensy as in melia?

  11. 11
    Posted by guest | October 16, 2009 at 3:18 PM

    Liquid as in diarrhea running down a toilet after a fucking hot lamb boti?

  12. 12
    Posted by guest | October 16, 2009 at 3:21 PM

    As in: “a surprise that nobody else at the firm was arrested along with him.”

  13. 13
    Posted by guest | October 16, 2009 at 3:39 PM

    @12 Yet

  14. 14
    Posted by Bud Fox | October 16, 2009 at 3:40 PM

    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

  15. 15
    Posted by Gaspo Gaspoaratnam | October 16, 2009 at 3:41 PM

    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

  16. 16
    Posted by guest | October 16, 2009 at 3:58 PM

    The situation is fluid er… liquid

  17. 17
    Posted by guest | October 16, 2009 at 3:59 PM

    He’s gonna show Bernie some of that Karma Sutra…

  18. 18
    Posted by ARHedge | October 16, 2009 at 4:09 PM

    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

  19. 19
    Posted by NotNasser | October 16, 2009 at 4:10 PM

    #10, Sensy as in Linda Boville.

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