And what about all the other big boys?
From: Subject: partnership arrested for insider trading In your face: Six face insider trading charges Image removed by sender. Hedge fund founder Raj Rajaratnam is led away by FBI agents in New York, 16 October 2009 Raj Rajaratnam (centre) is accused of insider trading in 2007 A leading US hedge fund boss and five other people have been arrested on charges linked to insider trading. Raj Rajaratnam, founder of the Galleon Group, and the other defendants, are alleged to have pocketed about $20m (£12m) in illegal profits. They are said to have secured inside information regarding firms including Google, AMD, and Hilton Hotels. Forbes magazine has featured Mr Rajaratnam on one of its rich lists and estimated that he was worth $1.3bn. Wiretaps Prosecutors claimed the insider trading also took place at the New Castle hedge fund and Intel Capital, the investment arm of microchip giant Intel. Image removed by sender. Image removed by sender.Greed is not good - this case should be a wake-up call for Wall Street Image removed by sender. US attorney Preet Bharara The others charged in the case include Rajiv Goel, a director of strategic investments at Intel Capital; and Robert Moffat, senior vice president in the systems and technology division of computer group IBM. They are joined by Anil Kumar, a director at global management-consulting firm McKinsey & Co; and Danielle Chiesi and Mark Kurland of New Castle Partners. Mr Rajaratnam's insider trading is said to have taken place between January 2007 and July 2007. US attorney Preet Bharara told a press conference that it was the largest hedge fund case ever prosecuted. He added that it also marked the first use of court-authorized wiretaps to capture conversations between suspects. "Greed is not good," said Mr Bharara. "This case should be a wake-up call for Wall Street." He added that anyone on Wall Street thinking of breaking the law should now be asking themselves "is law enforcement listening?". Galleon Group has up to $7bn in assets under its management. _____ *** exposing the hidden truth for further educational research only *** CAVEAT LECTOR *** In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. NOTE: Some links may require cut and paste into your Internet Browser. Please check for daily real news posts and support the truth! (sorry but don't have time to email all posts) at <http://tinyurl.com/33c9yr> http://tinyurl.com/33c9yr or <http://groups.google.com/group/total_truth_sciences/topics?gvc=2> http://groups.google.com/group/total_truth_sciences/topics?gvc=2 ; You can also subscribe to the multiple daily emails by sending an email to <mailto:[email protected]> [email protected] ; free book download: <http://www.lulu.com/content/165077> http://www.lulu.com/content/165077 *** Revealing the hidden Truth For Educational & Further Research Purposes only. *** NOTICE: Due to Presidential Executive Orders, the National Security Agency (NSA) may have read emails without warning, warrant, or notice. They may do this without any judicial or legislative oversight. You have no recourse, nor protection.......... IF anyone other than the addressee of this e-mail is reading it, you are in violation of the 1st & 4th Amendments to the Constitution of the United States. Patriot Act 5 & H.R. 1955 Disclaimer Notice: This post & all my past & future posts represent parody & satire & are all intended for entertainment and amusement only. To be removed from the weekly list, please reply with the subject line "REMOVE" --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "total_truth_sciences" group. To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/total_truth_sciences -~----------~----~----~----~------~----~------~--~---
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