Archive for the ‘Insider Trading’ Category

  • Banks that inflated Greek debt should be investigated, EU urges
  • Greece loses EU voting power in blow to sovereignty
  • Renaissance suffers rare disappointment
  • Lone voice warns of debt threat to Fed
  • U.S. Seeks First Trial in Galleon Case
  • Tax Question Stalls AIG, MetLife Deal
  • Beatles’ Abbey Road Studios for Sale to Cut EMI Debt Read the rest of this entry »
Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , , , , , , , , , ,

  • China Hikes Reserve Ratio Amid Brisk Loan Growth
  • Programmer Indicted in Theft of Goldman Software
  • Rajaratnam Wins Ruling Postponing Wiretap Turnover
  • Bank of America Judge Poses 8 Questions on SEC Accord
  • Prosecutors Set Sights on Madoff Kin
  • Madoff Aide DiPascali Granted Bail Pending Sentencing Read the rest of this entry »
Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , , , , , , , , ,

  • Germany Weighs Greek Support in Pre-Summit Switch
  • Judge Orders Galleon Defendants to Release Tapes
  • Galleon’s Raj Rajaratnam Faces More Charges in New Indictment
  • Soros Is ‘Confident’ Greece Will Stay in Euro Region
  • Morgan Stanley Gets Earful on Pay
  • UBS: Investigating Tax Evasion Allegations From German Client Read the rest of this entry »
Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , , , , , , , , , , , ,

  • Confident Chiesi breaks silence
  • Galleon Tipper Goel Pleads Guilty, Says Rajaratnam Got Secrets
  • Traders in record bet against the euro
  • Greece Says Call for Aid Would Send ‘Worst Signal’
  • Barclays CEO Says U.S. Plans ‘Bad’ for Global Rules
  • Judge Questions Bank of America’s New Deal With S.E.C.
  • BofA’s Price may need to be sidelined
  • UBS Increases Bonus Pool 34% to 2.9 Billion Francs Read the rest of this entry »
Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , , , , , , , , , , , , , , , ,

  • SEC asks Paulson fund for information
  • BofA push for 2,000 more retail brokers
  • BofA’s Banker-Pay Pool: $4 Billion
  • Dodd Calls Obama Plan Too Grand
  • Senators cool to ‘Volcker rule’
  • Investor charged in Galleon insider trading case
  • Mole Who Wore Wire In Galleon Case Is Identified
  • Despite Critics, AIG Sets Bonuses Read the rest of this entry »
Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , , , , , , , , , , , ,

  • Bernanke rallies more Senate votes for confirmation
  • Probe into NY Fed over AIG disclosure
  • SEC Wants Rajaratnam to Turn Over Wiretaps in Civil Case
  • Barclays CEO Varley Tells Staff Obama Plan Impact To Be Small
  • Wilbur Ross Prepared to ‘Go All the Way,’ Buy Stuyvesant Town
  • Credit-Default Swaps Rising to Five-Week High: Credit Markets Read the rest of this entry »
Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , , , , , , , , ,

  • Geithner reportedly wary on bank reform plan
  • Obama Bank Curbs May Not Leave U.S. Financial System Much Safer
  • Obama Plan May Cost Banks $13 Billion, JPMorgan Says
  • Goldman Sachs’ record profit is upstaged by Obama’s plan
  • Morgan Stanley’s Roach Says Obama Is ‘Bank Bashing’
  • Bank Stocks Down in Europe on Concerns Over Bank Plan
  • Seven People Indicted In Galleon Insider Trading Probe Read the rest of this entry »
Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , , , , , , , ,

  • Obama To Unveil Bank Fee Proposal Thursday – Official
  • Wall Street labels levy plan ‘absurd’
  • Financial crisis panel seeks bankers’ testimony
  • ‘Tipper X’ Hangs Over Galleon
  • Galleon founder slams wiretaps
  • Citigroup Bonus May Trump Goldman’s
  • SEC Vote May Show Scope of High-Frequency Trading Regulations Read the rest of this entry »
Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , , , , , , , , , , , ,

  • Geithner’s New York Fed Told AIG to Limit Swaps Disclosure
  • Congress Has Hedge Funds, Buyout Firms in Tax Sights
  • Citi hit by legal action in bankers’ pay battle
  • Top banks invited to Basel risk talks
  • Kumar set to appear in court in Galleon case
  • Buffett’s Mars bar
  • FDIC Weighs Tying Fees to Banks’ Pay Read the rest of this entry »
Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , , , , , , , , , , , , ,

  • Senator Dodd Said to Not Seek Re-election in November
  • Galleon founder faces more US charges
  • TCW Pulling Out of PPIP
  • Shumway Capital Sells Stake to Goldman Sachs’s Petershill Fund
  • Citi’s Havens Got $9 Million for ‘09
  • Hedge Fund AQR Goes ‘Mom & Pop’
  • Ex-UBS Banker, Informant Birkenfeld Seeks Probe of Prosecutors
  • Distress Calls Begin to Go Out Read the rest of this entry »
Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , , , , , , , , ,

  • Ratting against Raj
  • AIG Said to Give Departing Lawyer $3.8 Million in Severance Pay
  • Madoff Returned From Hospital to Medium Security Cell
  • U.S. takes majority stake in GMAC, giving lender $3.8 billion more in aid
  • Freddie and Fannie cap lift draws anger
  • Bonus Tax May Drive Financial Firms Out of the U.K., BBA Says
  • Ex-Banker Arbizu Says He Won’t Respond to JPMorgan’s Lawsuit Read the rest of this entry »
Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , , , , , , , , ,

  • Bernanke’s Confirmation Support Runs 3-1 in Favor in Senate
  • Top hedge funds bet on big rise in yields
  • AIG executives’ promises to return bonuses have gone largely unfulfilled
  • Geithner-U.S. job growth unlikely before spring
  • Stanford again seeks bail, Lawyers say he risks ‘breakdown’
  • Moody’s warns of possible sharp sell-off in sovereign debt
  • Rajaratnam Lawyer Opposes Request for Summer Trial on Galleon
  • Buffett Sells Moody’s Shares for Sixth Time After Profit Drop
  • Fortress’s Intrawest Said to Be in Talks on Buyout Loan Payment
  • Microsoft Must Alter Word or Stop Sales, Court Says Read the rest of this entry »
Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , , , , , , , , , , , , , , , ,

  • Barclays’ Diamond Criticizes Bonus Tax, Sees Regulator Missteps
  • Feinberg Said to Lift $500,000 Salary Limit for AIG Executives
  • Morgan Stanley Shuffles Executive Suite
  • SEC probing high-frequency strategies, co-location
  • Banks, U.S. Spar Over TARP Repayment
  • Bank of America Executive Under Scrutiny
  • Dubai World Met Six Creditors Yesterday on Debt, Banker Says
  • Dubai’s Debt Problems May Swell, Morgan Stanley Says
  • Debt Raters Avoid Overhaul After Crisis
  • Galleon Insider-Trading Case Delayed for a Month Read the rest of this entry »
Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , , , , , , , , , , ,

  • BofA Breakup Is New Snag in CEO Hunt
  • Bernanke to defend his record and the Fed’s
  • Bernanke Has Support of Majority of Senators on Banking Panel
  • SEC Steps Up Insider-Trading Probes
  • U.S. Taxpayers May Reap $3.17 Billion in TARP Warrant Auctions
  • GM fires CEO Henderson. The board wants an outsider.
  • Rothstein Charged in Ponzi Scheme
  • Wells Fargo to shut 122 branches in state
  • Merrill Sued by Client in Hong Kong Over $13 Million in Losses Read the rest of this entry »
Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , , , , , , , , , ,

  • Whitney Says Goldman Sachs Lost ‘Tremendous’ Talent
  • Small Businesses Turn to Goldman
  • New Link Seen in Galleon Insider-Trading Case
  • Geithner: ‘The credit crunch is not over’
  • A Hedge-Fund King Comes Under Siege
  • Lehman Brothers Creditors File $824 Billion in Claims
  • Thain self be true
  • Morgan Stanley’s Mack Welcomes Regulation by Fed Read the rest of this entry »
Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , , , , , , , , , , , , , , , , , ,

  • SAC Capital Ex-Analyst Under Probe in Inside Case
  • Ex-Balyasny Analyst Linked to Fortuna in Galleon Trading Case
  • In Charity Tax Filing, a Glimpse of Goldman
  • Bear Stearns Loss Echoes Long Line of U.S. Prosecution Defeats
  • Feds may change tactics after Bear
  • Billionaire Bill Gates says Wall St pay too high
  • White House Aims to Cut Deficit With TARP Cash Read the rest of this entry »
Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , , , , , , , , ,

  • A tale of ‘Greek’, ‘Rat’ and ‘bat phones’
  • Inside-Trade Probe Snares ‘Octopussy’
  • Rajaratnam’s Former Colleagues Cooperate, Plead Guilty in Case
  • Schottenfeld Draws Scrutiny After Goffer Arrest in Insider Case
  • Rajaratnam Judge Denies Bail Cut, Allows Wider Travel
  • Spotlight Shines on Small Trading Firms Organized as ‘Eat-What-You-Kill’ Shops
  • SEC Complaint pdfs Read the rest of this entry »
Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , , , ,

The alleged Galleon insider trading web expanded this morning with the FBI busting 14 more:

U.S. prosecutors charged 14 people, including a former employee at the offices of the Galleon Group hedge fund firm, as part of an investigation of an alleged $20 million insider trading scheme.

Craig Drimal, who according to court documents worked at the offices of Manhattan-based Galleon, was arrested today along with Zvi Goffer, Arthur Cutillo, Jason Goldfarb, Emanuel Goffer, David Plate and Michael Kimelman. Charges against the men include conspiracy and fraud, according to documents filed in New York federal court. Names of the other seven defendants weren’t immediately available.

Ex-Galleon Worker, 13 Others Charged in Insider Scam – Bloomberg

Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , , , ,

  • S.E.C. Likely to Charge More People in Galleon Case
  • Rajaratnam Prosecutors Have ‘More Than One’ Witness to Trades
  • Galleon to Return Most Money ‘Shortly After’ Nov. 30 Read the rest of this entry »
Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , ,

Raj Rajaratnam thinks that his $100 million bail is too high, so he’s asked the judge to reduce it — to $25 million.  He’s also asking that his travel, currently limited to within 100 miles of Manhattan, be unrestricted within the continental U.S.  According to the WSJ: Read the rest of this entry »

Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , , ,

Hector Ruiz, AMD’s former CEO, is apparently the latest to surface as someone who gave inside information to a member of the alleged Galleon insider trading gang:

An unnamed “AMD executive” was cited in a complaint filed against Danielle Chiesi, who is accused of using nonpublic information to trade stocks. The person identifying Ruiz as the executive asked to remain anonymous because those details of the case aren’t public. Ruiz stepped down as CEO last year and became chairman of Globalfoundries Inc., which was spun off by AMD, the world’s second-largest maker of personal-computer processors….

AMD’s Ex-CEO Ruiz Is Said to Be Executive Cited in Galleon Case – Bloomberg

Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , ,

  • Probe Widening in Galleon Case
  • Galleon Wiretaps Rattle Hedge Funds as Insider Trading Targeted
  • Galleon ‘given inside information about Intel as far back as 1998′
  • Learning To Love Insider Trading
  • ‘Outsider Trading’ and Too Much Information Read the rest of this entry »
Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , , ,

  • U.S. Said to Target Wave of Insider-Trading Cases After Galleon
  • Arrest of Hedge Fund Chief Unsettles the Industry
  • Hedge fund managers get the message
  • Sri Lanka claims Rajaratnam involved in funding Tamil Tigers
  • Officials Say Investor’s Donations Wound Up With Sri Lanka Rebels
  • Colleagues Finger Billionaire
  • Galleon Insider-Trading Case Opens Window on Secret Hedge Funds Read the rest of this entry »
Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , , ,

Just when you thought that the SEC couldn’t look any worse….

Read the rest of this entry »

Share this!:
  • email
  • Subscribe to Wall Street Folly
  • Twitter
  • Facebook
  • Digg

Tags: , , ,

VIDEO

TAG CLOUD

RECENT

Sponsors

Contact Us | Twitter ID | RSS | Feedblitz

  • Charles Tyrwhitt wine.com Apple iTunes

Twitter