Who is “CW,” the FBI’s confidential witness? Or should we be asking where is Galleon’s CEO and co-founder Gary Rosenbach in these charges? Rosenbach co-founded Galleon in 1997 and was listed as a co-portfolio manager in the main Galleon International fund.


Buried in a footnote on page 11 in the FBI charge it says Raj interacted with CW since the mid-90′s in connection with the CW’s prior employment. Raj’s former employer was none other than Needham & Company. Todd Harrison of Miniville reminds us the Raj and Gary worked together at Needham, a top boutique firm that invested in tech companies. Keep in mind Rosenbach’s name is on some of the alleged insider traders like PeopleSupport Inc.
Rosenbach did not return an email for comment at press time.

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Comments (35)

  1. Posted by guest | October 16, 2009 at 1:48 PM

    Never turn your back on an Indian.
    John Wayne

  2. Posted by guest | October 16, 2009 at 1:51 PM

    “Massacutess”
    Yep. They don’t call it The Comely State for nothing.

  3. Posted by guest | October 16, 2009 at 1:52 PM

    @2 Cute.

  4. Posted by guest | October 16, 2009 at 1:55 PM

    Is Galleon toast? Still trading? What do their counter parties think of all this? Did the risk models take this into account?

  5. Posted by guest | October 16, 2009 at 1:57 PM

    Who is Teri Buhl?

  6. Posted by guest | October 16, 2009 at 1:58 PM

    You got your rats, your finks, and your ratfinks.

  7. Posted by guest | October 16, 2009 at 2:04 PM

    Just signed up to galleon as a potential investor. Can’t wait for the phone calls!

  8. Posted by guest | October 16, 2009 at 2:04 PM

    Cool reporting Dealbreaker. Why hasn’t Clusterstock figured out or questioned the Rosenbach role yet?
    If Gary is not charged then he should speak out.

  9. Posted by Mookie | October 16, 2009 at 2:04 PM

    A Moodys’ analyst was alluded to as an informant, especially related to the Hilton trades.

  10. Posted by guest | October 16, 2009 at 2:06 PM

    “it reminds me of that movie wall street”
    wow they have quite the expert on cnbc right now

  11. Posted by guest | October 16, 2009 at 2:06 PM

    Isn’t it obvious guys. I have a thing for guys doing dirty things with their money.
    CW = Cheryl Weinstein
    And don’t call me a slore you misbegotten whelps.

  12. Posted by guest | October 16, 2009 at 2:08 PM

    Slore!

  13. Posted by pfluger | October 16, 2009 at 2:10 PM

    Da fuckin’ FBI’s sources are pieces of shit. Dey got nuthin’ on me. My sources are “high level.”
    I knew about dis shit years ago.
    -cg

  14. Posted by guest | October 16, 2009 at 2:11 PM

    It wasn’t me but have you heard that Blue Horseshoe loves Anacot Steel?

  15. Posted by guest | October 16, 2009 at 2:12 PM

    what are the implications for Gary’s indoor lax team?

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

    It’s Greg or as he is known in the closeted Desi community… Cock wallah
    - IT guy

  17. Posted by guest | October 16, 2009 at 2:47 PM

    CW = Charlie Wasperino?

  18. Posted by guest | October 16, 2009 at 2:49 PM

    @1
    He is srilankan… not indian…

  19. Posted by Warren Buffett | October 16, 2009 at 3:07 PM

    With enough insider information you can lose real money.

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

    as a reminder, Todd used to be at Galleon

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

    @18 Come on Bryce we have bigger things to worry about than Sri Lanka

  22. Posted by guest | October 16, 2009 at 3:48 PM

    Where is Todd Deutsch – star trader of the Galleon Captains fund who left last year.

  23. Posted by LiterateUser | October 16, 2009 at 6:25 PM

    Wow, if anyone bothered to read the Criminal Information submitted to the court, it would be clear that the CW is not Gary. The Information clearly states that in mid 2005 the CW approached Galleon about getting a job there. Impossible for it to be Gary Rosenbach. Just read the damn document people.

  24. Posted by liza | October 16, 2009 at 6:33 PM

    Check out whether Gary Rosenbach has left New York with a wife who is ill

  25. Posted by guest | October 16, 2009 at 7:26 PM

    CW= Wael Chehab ….Do some home work… start at Cedar??? in NYC. You are close if you uncover “Grace”

  26. Posted by guest | October 16, 2009 at 7:26 PM

    CW= Wael Chehab ….Do some home work… start at Cedar??? in NYC. You are close if you uncover “Grace”

  27. Posted by guest | October 16, 2009 at 7:27 PM

    CW= Wael Chehab ….Do some home work… start at Cedar??? in NYC. You are close if you uncover “Grace”

  28. Posted by Revco | October 16, 2009 at 7:27 PM

    CW= Wael Chehab ….Do some home work… start at Cedar??? in NYC. You are close if you uncover “Grace”

  29. Posted by guest | October 16, 2009 at 7:45 PM

    Todd Deutsch started his own fund called Bascom Hill, he must be salivating over the investors that will be pulling from Galleon….

  30. Posted by Moosefister | October 19, 2009 at 12:33 AM

    Miniville, that’s a town where elves live, right?

  31. Posted by guest | October 19, 2009 at 10:44 AM

    Gary’s still in Greenwich. Sold Crown Lane but currently in hiding off Glenville Rd. Seven figures cash stashed in his basement. Susie used to brag about it at cocktail parties until he caught wind of it. Between Raj and their tight friendship with Madoff boys they are dodging bullets.

  32. Posted by guest | October 26, 2009 at 8:39 AM

    who comes up with the ridiculous bull in comment 31, get some facts before you write off the cuff. you are a loser

  33. Posted by guest | October 30, 2009 at 12:14 PM

    @32 Hi Gary.

  34. Posted by Trader in CT | November 19, 2009 at 9:42 AM

    So the WSJ finally picks up the news that one of the Galleon inside info news leakers said Gary also did insider trading. As usual Dealbreaker is way ahead of the story.
    If Gary has a sick family member then he really should speak up and prove that person is sick. Otherwise it’s clear it was just an excuse to suddenly leave the firm and likely start reporting for the feds.

  35. Posted by bert | November 23, 2010 at 12:25 AM

    i fled wall street in 1954 because of the moral climate! wish i had stayed, now that. I need the money.! timing is everything.. the saga never ends.

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