Jim McCarthy News
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Producers, consultants and entrepreneurs gathered yesterday in Manhattan’s Theater District to fantasize about Broadway 20 years from now in what was billed as the first annual “TEDxBroadway.”
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Prosecutors waiting for a jury verdict in the trial of Galleon Group LLC’s Raj Rajaratnam may take comfort that four defendants tied to the insider-trading probe that began with him are pursuing plea deals.
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The insider-trading trial of Galleon Group LLC co-founder Raj Rajaratnam next month is the culmination of U.S. investigations dating back 12 years that involved blind alleys, anonymous tips, wiretaps and a trip into the Tamil Tiger underworld before prosecutors got their man, Bloomberg News’ Patricia Hurtado reports.
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Galleon Group LLC co-founder Raj Rajaratnam had a ready answer for every question U.S. regulators put to him about possible insider trading three years ago, Bloomberg News’s David Glovin and Andrew M. Harris report.
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Massey Energy Co., dealing with the death of 29 miners at one of its West Virginia coal mines, is being investigated by the FBI for possible bribery of state and federal inspectors, a person familiar with the probe said.
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While Fabrice Tourre may have found himself fabulous when devising intricate transactions and presuming he survived their collapses, the e-mail trail he left behind was a less-than-marvelous repetition of history.
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The U.S. Securities and Exchange Commission renewed its demand that Galleon Group cofounder Raj Rajaratnam turn over wiretaps recorded by the Justice Department, before a criminal trial set to begin next month in New York.
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U.S. President Barack Obama lost the second of four court challenges to his health-care law as a federal judge in Florida ruled that the measure went beyond the power of Congress to regulate commerce.
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The U.S. government rested its case yesterday in a prosecution that may provide a preview of next year’s trial of Galleon Group LLC co-founder Raj Rajaratnam, accused of helping direct the largest-ever hedge fund insider trading scam, Bloomberg News’ David Glovin reports.
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Goldman Sachs Group Inc. Chairman Lloyd Blankfein will be called by U.S. prosecutors to testify as a government witness at the insider-trading trial of Galleon Group LLC co-founder Raj Rajaratnam.
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