Posts Tagged ‘Raj Rajaratnam’

Madoff Puzzle: How His Reputation Survived

April 1, 2011

Chidem Kurdas

Hedge funds lose their clients and tend to shut down when they are investigated by government agencies or face civil lawsuits. Raj Rajaratnam’s Galleon Group and Arthur Samberg’s Pequot Capital, accused of abusing inside information, come to mind. Both long-time managers closed shop. (more…)

Galleon Clients Escape Unscathed

April 15, 2010

Chidem Kurdas

Sounds like Galleon chief Raj Rajaratnam did alright by his clients, whatever he did by securities laws.  While he and a significant number of associates face lengthy civil and criminal lawsuits for insider trading, the hedge fund’s investors may get out of the debacle whole.   (more…)