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UBS traders dumped losses on clientsObama really needs to find better people to golf with besides CEOs from companies like this. What is also interesting to note here is that yet again, here is a big player who has been caught yet we're not seeing a perp walk. No, apparently that's only for smaller players who aren't white, nor part ... |
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Khan Tells Judge She Tipped Several FundsRoomy Khan, a central witness in the insider trading case against Galleon Group founder Raj Rajaratnam, told a judge she tipped several people at hedge funds with inside information on companies to make money from trades, Reuters reported. ... |
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New Castle Lowering Fees Amid CaseNew Castle is lowering fees and restructuring its hedge funds as it tries to convince investors to keep their money in place amid allegations in the Galleon insider-trading case.
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Raj (King) Rajaratnam sued by victims of LTTE Tamil terror" Founder of the Galleon Group, Raj Rajaratnam, is in more hot water. The world's 551st richest person is now facing a civil suit, in New Jersey, for funding the terrorist group Liberation Tiger of Tamil Eelam....read more ... |
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Readings: Galleon Wind-down, Solar, Biotech, etc.Bleeding Biotech (which argues for more money for biotech, an idea I disagree with) (American) Professional Money Management and Peak Oil (Gregor) The market is 25% overvalued; 15% correction coming (Grantham) We must overturn the status quo in derivatives (FT/Griffin) Solar Pr... |
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Galleon Wind-Down Nearly DoneGalleon's liquidation of its hedge funds' portfolios is "largely complete" and was done under "very difficult conditions," a person familiar with the matter said.
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