Power And Pleasure

Raghavan, Anita
October 2010
Forbes Asia;Oct2010, Vol. 6 Issue 12, p38
The article discusses the challenges for Raj Rajaratnam, founder of Galleon Group LLC in New York City. It relates the success of Rajaratnam in business, with strong financial performance during the 2008 economic crisis. However, the fortune has ended when he faced a civil suit for alleged funding a terrorist group, in addition to masterminding the biggest insider trading ring. It reports that Rajaratnam has pleaded not guilty to 13 counts of conspiracy and securities fraud charged against him.


Related Articles

  • ROUND UP.  // Asian Investor;Jun2011, p82 

    The article offers business-related news briefs. Hamilton Lane Corp. has transferred Juan Delgado-Moreira as managing director from London, England to Hong Kong, China. MGPA Asia Property Fund III has posted success for owning a piece of unit at Asia Square in Singapore. Galleon Group LLC...

  • Hedge Funds Must Follow Ethical Requirements. Verschoor, Curtis C. // Strategic Finance;Jul2011, Vol. 93 Issue 1, p14 

    The article argues that greater consideration should be given to regulating hedge funds to better ensure ethical behavior. The author buttresses his case by making extensive reference to circumstances surrounding Raj Rajaratnam, founder of the Galleon Group hedge fund who was convicted of a...

  • Message from the Chairs. GOTTLIEB, STACEY F.; YEARGIN, D. GRAYSON; PICKERING, KENNETH C. // Criminal Litigation;Spring2011, Vol. 11 Issue 3, p2 

    The article presents updates on criminal litigation. Raj Rajaratnam, founder of Galleon Group, was convicted on all 14 counts of securities fraud and conspiracy, with the use of wiretapping during investigation and at the trial. The Criminal Litigation newsletter will be distributed...

  • Rajaratnam Guilty, Wiretaps Prove Key. Hays, Tom; Neuimeister, Larry // India -- West;5/20/2011, Vol. 36 Issue 26, pA1 

    The article reports that former hedge fund founder Raj Rajaratnam of Galleon Group LLC was convicted of five counts of conspiracy and nine securities fraud charges on his insider trading case on May 11, 2010. Rajaratnam allegedly made profits and avoided more than 60 million dollars worth of...

  • Galleon's Rajaratnam Gets Record 11-Year Term. Springer, Richard // India -- West;10/21/2011, Vol. 36 Issue 48, pB1 

    The article reports that Raj Rajaratnam, co-founder of Galleon Group LLC, has been sentenced imprisonment for 11 years because of fraud and conspiracy charges. As stated, he has also been fined with penalty of 10 million U.S. dollars and forfeited of 53 million U.S. dollars earned through the...

  • Let's Get Tougher on Insider Trading. Zuckerman, Mortimer B. // U.S. News Digital Weekly;5/20/2011, Vol. 3 Issue 20, p18 

    The author calls for the implementation of strict rules against insider trading in the U.S. relation to the conviction of Raj Rajaratnam of the Galleon Group. He describes how Rajaratnam was able to build a vast network of information based on betrayals of corporate trust by people he seduced....

  • Big deal, little reaction. Soule, Alexander // Fairfield County Business Journal;5/23/2011, Vol. 47 Issue 21, p1 

    The article reports on the conviction of Raj Rajaratnam of Galleon Group LLC for insider trading in Fairfield County, Connecticut. It mentions that Rajaratnam declines to take the stand on his own defense and plans to appeal the verdict. RDM Financial Inc. chief executive officer (CEO) Ron...

  • Appeals Court Upholds Conviction of Rajaratnam. STEMPEL, JONATHAN // News India Times;7/5/2013, Vol. 44 Issue 27, p21 

    The article informs that a three-judge panel of the 2nd U.S. Circuit Court of Appeals on June 24, 2013, in New York has upheld the insider trading conviction of Raj Rajaratnam, founder of the hedge fund firm Galleon Group LLC, rejecting his argument that wiretap evidence was used improperly.

  • More Charges Filed against Galleon Group Founder.  // India -- West;2/19/2010, Vol. 35 Issue 13, pA44 

    The article reports on the charges filed against Galleon Group hedge fund founder Raj Rajaratnam for the alleged illicit gains from stock trading and securities fraud.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics