Results tagged “insider trading” from Dealbreaker
YOUR SEARCH
Bonus Watch '09: Galleon Group
Nov 12, 2009, 2:44pm
Posted by Teri Buhl
While it's not yet clear how investors will fare, we're told that Raj-Raj is taking care of his employees. The Galleon team will be paid bonuses based on the fund performance at the date of shutdown, plus two months severance,...
Mama Goffer Threatens To Call The Police (Not On Her Sons)
Nov 06, 2009, 3:50pm
Posted by Teri Buhl
Yesterday was apparently not the first time Emanual Goffer has been accused of wrongdoing in conducting his biz. In 2003 Boston.com outted Emanuel as the owner-operator of a cheat-sheet note system for coeds at Boston University. Goffer's firm, which he...
Caption Contest Friday: How Can We Get Back To Here?
Nov 06, 2009, 12:43pm
Posted by Bess Levin
When Zvi "Octopussy" Goffer decided to dip one of his tentacles in the sweetness of insider trading, do you think he realized all that he'd be forced to give up if caught? Obviously we're not talking about his wife,...
Reuters: Choo Beng Lee Was Insider Trading While Working At SAC Capital
Nov 05, 2009, 2:50pm
Posted by Bess Levin
From Matthew Goldstein: Ali Far and Choo Beng Lee, the former hedge fund traders turned government informants in the Galleon insider trading case, have admitted to engaging in illegal insider trading for many years, according to their cooperation agreements....
Today's News Not All Bad For Zvi Goffer
Nov 05, 2009, 12:53pm
Posted by Bess Levin
Yes, he's been accused of being the ringleader of the latest alleged insider trading scam, and could conceivably go to prison, but on the bright side a) he's been recognized as a leader in the field and b) for his...
Alleged Insider Trader Emanuel Goffer "Needs A Hug"
Nov 05, 2009, 11:46am
Posted by Bess Levin
Here at Dealbreaker we like to get to know our accused criminal subjects on a more personal level. Obviously, this involves checking them out on Facebook. While the supposed ringleader of the today's scam, Zvi Goffer, has yet to accept...
Alleged Insider Trader Jason Goldfarb Told Conspirator So Stop Being Such A P*ssy About Breaking The Law
Nov 05, 2009, 10:51am
Posted by Bess Levin
Actually the term was "nervous Nellie," but you get the idea. From the probe complaint (the whole thing is after the jump):...
Seven Fourteen Arrested In Insider Trading Case
Nov 05, 2009, 8:20am
Posted by Bess Levin
CNBC reports that the FBI has arrested seven fourteen more people "in the hedge fund industry" for insider trading. No word who the individuals are. Obviously the suspense is killing us, so if you happened to see your boss being...
Galleon Closing Up Shop
Oct 21, 2009, 9:02am
Posted by Bess Levin
Raj Rajaratnam maintains allegations are baseless. In related news, who wants to buy a hedge fund?...
Let's Wildly Speculate About: Who's Perp Walking Next
Oct 20, 2009, 11:19am
Posted by Bess Levin
As you've probably heard, at least ten more people are expected to be charged with insider trading this week. Some of them may be connected to the Rajaratnam case. Others will be accused of dipping their wick elsewhere. Annoyingly, the...
Caption Contest Monday
Oct 19, 2009, 9:25am
Posted by Bess Levin
Raj-Raj and Hank Paulson yuk it up at a business and technology conference, November 2004. [via]...
Dear Galleon Groupies
Oct 16, 2009, 5:57pm
Posted by Bess Levin
From: Bob Wood Sent: Fri 10/9/2009 5:06 PM Subject: Galleon Group September 2009 Commentary and Performance Reviews Please find attached Galleon's monthly investment letter together with the package of the September performance reports. All of the funds recorded solid returns...
Galleon: This Came As A Surprise
Oct 16, 2009, 2:37pm
Posted 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...
Presented Without Comment
Oct 16, 2009, 2:30pm
Posted by Bess Levin
According to on-set sources, Shia LaBeouf has been shadowing real traders and trying his hand at the stock exchange and winning huge sums. An insider tells Star magazine, "He's been learning the ins and outs of the market. Shia says...
Who Cooperated With The FBI On Galleon?
Oct 16, 2009, 1:40pm
Posted by Teri Buhl
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...
Rajaratnam Accomplice Danielle Chiesi Didn't Want To Get "In Trouble," Was "Paranoid" People Were On To Them
Oct 16, 2009, 12:35pm
Posted by Bess Levin
But she shook it off, 'cause what the odds, right? Anyway, from the complaint against Danielle Chiesi and Mark Kurland of Newcastle Partners LP along with the others charged in the insider trading case of the day, a few recorded...
Camo-Loving Raj Rajaratnam Sold Out By Ex-Employees?
Oct 16, 2009, 11:05am
Posted by Bess Levin
Supposedly the FBI was tipped off that Galleon founder Raj Rajaratnam was conducting a little illegal biz by some traders who were none too happy with Raj-Raj, on account of being fired. Also, he apparently used to brag about his...
Galleon Group Founder Charged With Securities Fraud
Oct 16, 2009, 10:21am
Posted by Bess Levin
David Faber reports Raj Rajaratnam has been charged in a $20 million insider trading case, which is probably upsetting regardless but stings that much more given that the Journal boldly claimed in February that Galleon would be among a group...
French Insider Traders Fart In Your General Direction
Aug 06, 2009, 2:52pm
Posted by Equity Private
True, French bankers are masters of the disdainful frown, delivered with great poise and bitterness even when breaking the news that the client's entire fortune was, in fact, invested with Bernie Madoff. But even among these captains of the curmudgeon,...
$51,634,606.22 + $4,260,850.63
May 29, 2009, 4:06pm
Posted by Equity Private
Are we surprised that the only big insider trading case in quite a while is somewhere outside of the SEC's jurisdiction? We seriously doubt whether there is a dearth of large insider trading cases in the United States, but they...
