10-17-2009, 11:51 PM
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Join Date: Nov 2008 Location: United States Thanks: 122
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| Galleon Fraud
From Bloomberg: “Rajaratnam is not a master of the universe, but rather a master of the Rolodex,” Robert Khuzami, director of enforcement at the SEC, said at the press conference. “He cultivated a network of high-ranking corporate executives and insiders, and then tapped into this ring to obtain confidential details about quarterly earnings and takeover activity.”
from: http://bloomberg.com/apps/news?pid=2...d=a4lprQ.E3WqE
This reminds me of Wall Street (the movie). |
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