Saturday, 20 September 2014
Last updated 14 hours ago
Jun 26 2012 | 12:56pm ET
The conviction of former McKinsey & Co. chief Rajat Gupta does not represent the end of the Galleon Group insider-trading case.
Tai Nguyen, of research firm Insight Research, surrendered to the Federal Bureau of Investigation this morning. Nguyen is facing insider-trading charges related to the Galleon case, although the exact allegations have not yet been made public.
Nguyen is expected to appear in Manhattan federal court later today. He is the 65th person to be arrested in the government's crackdown on insider trading.
Gupta was found guilty two weeks ago of passing confidential information about Goldman Sachs and Procter & Gamble, on whose boards he served, to Galleon founder Raj Rajaratnam.
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.