Jurors began deliberating the fate of Rajat Gupta, the former Goldman Sachs director who is accused of providing corporate secrets to hedge-fund manager Raj Rajaratnam, his onetime friend and business partner.
Jurors began deliberating the fate of Rajat Gupta, the former Goldman Sachs director who is accused of providing corporate secrets to hedge-fund manager Raj Rajaratnam, his onetime friend and business partner.
Billionaire hedge fund titan Steven A. Cohen, one of the most high-profile and controversial Wall Street figures of the last decade, has been implicated in what federal officials are calling “the largest insider trading case ever charged by the SEC,” according to The Wall Street Journal.
With the entire world, and certainly GETCO's ES and EURUSD algos, focused on every single update out of the Italian Senate race, which now appears certain to not bring the necessary 158 seats to the Bersani-Monti coalition leading to a chaotic revote in the coming months, here is some tangential news of the "who could have ever seen this coming variety." Following last week's Heinz insider trading probe, which implicated a Goldman Sachs account in Zurich belonging to some private wealth client, who was so anonymous
Reuters - Former Goldman Sachs Group Inc director Rajat Gupta leaked secret details to Galleon Group hedge fund manager Raj Rajaratnam about Warren Buffett's plan to invest $5 billion in the Wall Street bank at the height of the financial crisis, a U.S. securities regulator charged.