Saturday, 20 September 2014
Last updated 1 day ago
Dec 17 2009 | 12:24pm ET
Federal prosecutors have received another month to indict four of the 21 people charged in the Galleon Group insider-trading case.
Among those who will have to wait until Jan. 15 to face a grand jury is Mark Kurland, a co-founder of hedge fund New Castle Partners. It is believed that the four men—the others are former IBM executive Robert Moffat, former McKinsey & Co. director Anil Kumar and former Intel executive Rajiv Goel—are working out plea agreements with prosecutors.
The move to delay their indictment comes just a day after the Tuesday indictment of Galleon founder Raj Rajaratnam and former New Castle executive Danielle Chiesi.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.