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Raj Rajaratnam

The Leonard Lopate Show

The Rise of The Indian-American Elite and the Fall of Galleon Hedge Fund

Wednesday, June 05, 2013

Anita Raghavan looks at Indian American’s ascent from immigrants to powerbrokers, and the downfall of the $7 billion hedge fund the Galleon Group after its founder, Raj Rajaratnam was charged with insider trading. In The Billionaire’s Apprentice, she tells the story of case against Rajaratnam  and Rajat Gupta, his accomplice and mole.

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WNYC News

Goldman CEO Testifies at Trial of Ex-Board Member

Monday, June 04, 2012

For the second time in as many years, Goldman Sachs chief executive Lloyd Blankfein is testifying at an insider-trading trial.

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WNYC News

The Gupta Trial: Week 1

Friday, May 25, 2012

A prominent businessman, Rajat Gupta stands accused of abusing his position as a member of the board of directors of two major companies.

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WNYC News

Insider Trading Trial of Ex-Goldman Board Member Begins

Monday, May 21, 2012

A federal prosecutor says a former board member for Goldman Sachs and Procter & Gamble gave inside information to a billionaire hedge fund founder.

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WNYC News

Judge Fines Ex-Hedge Fund Boss $92M

Tuesday, November 08, 2011

A judge has cited the "huge and brazen" nature of the crime as he imposed a $92 million civil penalty on a hedge fund boss snared in the biggest insider trading case ever.

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The Takeaway

Gupta Faces Insider Trading Charges

Wednesday, October 26, 2011

Former Goldman Sachs director Rajat Gupta surrendered to FBI officials on Wednesday morning. Gupta faces criminal charges in a massive hedge fund insider trading case. He has been under investigation over whether he leaked corporate secrets to Raj Rajaratnam, the co-founder of the hedge fund the Galleon Group. Rajaratnam was sentenced to 11 years in prison for trading on illegal stock tips earlier this month. Louise Story, Wall Street and finance reporter for The New York Times, has the latest details on the story.

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The Brian Lehrer Show

Raj Rajaratnam and Sentencing White Collar Crimes

Friday, October 14, 2011

DealBook reporter for The New York Times, who covers white collar crime and Wall Street, Peter Lattman, discusses the sentencing of Raj Rajaratnam in one of the biggest insider trader cases ever.

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The Brian Lehrer Show

Wall Street Titan Convicted

Thursday, May 12, 2011

John Coffee, Adolf A. Berle Professor of Law at Columbia University School of Law, discusses Raj Rajaratnam, the hedge fund boss who has been accused of insider trading and has been found guilty of conspiracy and securities fraud.

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The Takeaway

Raj Rajaratnam, Hedge Fund Billionaire, Guilty of Insider Trading

Thursday, May 12, 2011

In what has amounted to one of the largest and most prominent cases of insider trading, a billionaire hedge fund manager was found guilty Wednesday of fraud and conspiracy by a federal jury in Manhattan. Raj Rajaratnam is the co-founder of the hedge fund Galleon Group — he was also considered one of the savviest traders on Wall Street. But for nine months, the federal government secretly recorded Rajaratnam’s phone conversations with traders and powerful corporate insiders. We get the back story with Louise Story, Wall Street and finance reporter for The New York Times.

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WNYC News

Financial 411: Nassau County Mulls Sports Arena, Casino

Wednesday, May 11, 2011

Nassau County wants to grow its economy by going on a building spree, with a new hockey arena and a casino. If they build it, will the jobs come?

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WNYC News

Financial 411: Swiss Bank Settles; Rajaratnum Trial Continues

Wednesday, May 04, 2011

UBS Agrees to Multi-Million Dollar Settlement

The SEC and several states, including New York, have reached a multi-million dollar settlement with UBS over alleged fraud in municipal bond auctions. Without admitting guilt, the Swiss bank will make payments totaling $160 million to settle charges it defrauded local government bond issuers. The bank was accused of engaging in various forms of bid rigging and securities fraud from 2000 to 2004. New York City's Municipal Water Finance Authority is among the parties, and is now eligible to take part in a claims process. The settlement is the part of a long-running and still on-going investigation.

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WNYC News

Jury Forced to Restart Deliberations in Hedge Fund Trial

Wednesday, May 04, 2011

After one week of deliberations in the largest insider trading case related to hedge funds in history, jurors will restart.

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WNYC News

Former Hedge Fund Trader Undergoes Surgery as Jury Deliberates

Monday, May 02, 2011

The jury has entered its sixth day of deliberations while the hedge fund trader on trial, Raj Rajaratnam, goes into emergency surgery for a bacterial infection in his foot.

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WNYC News

Short Day of Deliberations in Raj Trial

Friday, April 29, 2011

After five days of deliberations, a jury has not come to a verdict in the biggest insider trading trial dealing with hedge funds.

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WNYC News

Jurors Rehear Wiretaps at Hedge Fund Boss' Insider Trading Trial

Tuesday, April 26, 2011

A jury has asked to listen again to wiretaps played during the largest insider trading case involving hedge funds in the U.S.

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WNYC News

Financial 411: Deliberations Begin in Rajaratnum Trial

Monday, April 25, 2011

Markets

Stocks fell Monday on light volume a day after the Easter holiday. Investors pushed stocks down, worried that inflation could cut into corporate profits.

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WNYC News

Defense at Insider Trading Trial: Hedge Fund Boss Railroaded

Thursday, April 21, 2011

The former billionaire hedge fund boss at the center of the biggest insider trading trial in U.S. history is being railroaded, according to defense lawyers.

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WNYC News

Closing Arguments Heard in Insider Trading Trial of Hedge Fund Boss Rajaratnam

Wednesday, April 20, 2011

In closing arguments at the trial of hedge fund trader Raj Rajaratnam, prosecutors reminded the jury of the 45 audio recordings they’d heard throughout the seven-week trial part of extensive wire tapping evidence used to expose what they called the one-time billionaire's "corporate spies."

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WNYC News

Defense Rests in Hedge Fund Boss Insider Trade Trial

Monday, April 18, 2011

The defense has rested in the insider trading trial of a hedge fund boss accused of making tens of million of dollars by profiting off secret information.

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WNYC News

Defense Case Begins in Insider Trading Trial

Monday, April 11, 2011

A loyal employee for a hedge fund founder charged in an insider trading case said his ex-boss was a hard-charging businessman.

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