Galleon Group

Galleon hedge fund billionaire Raj Rajaratnam sentenced to 11 years in prison...

Hedge fund magnate Raj Rajaratnam was sentenced to 11 years in prison -- the longest sentence ever for an insider-trading case, prosecutors said....

Prosecutors unsealed an indictment detailing insider-trading charges against one of the kings of American finance, Rajat Gupta, who surrendered to authorities earlier Wednesday morning. A grand jury charged Gupta, the former head of the McKinsey & Co....

Former Goldman Sachs board member Rajat Gupta is being accused by regulators of passing along inside information about the bank to a prominent hedge fund manager. Gupta gave up his post on Goldman’s board last May after being alerted that......

A jury found former hedge fund magnate Raj Rajaratnam guilty on all 14 counts of conspiracy and securities fraud after a high-profile trial at the heart of a federal crackdown on insider trading. The verdict in U.S. District Court in......

Word among most opinionators is that Raj Rajaratnam's conviction Wednesday for insider trading is a victory. There's a watchdog on Wall Street after all, they say. And for anyone still chilled from watching "Inside Job," seeing Rajaratnam head to the........

Gold: Trading now at $1,347 per ounce, up 0.4% from Friday. Dow Jones industrial average: Trading now at 11,0950.10, up 0.6% from Friday. Toxic treasures. The government's purchase of toxic assets during the financial crisis was unpopular, but the...

It didn’t take long for the blockbuster insider-trading charges against billionaire hedge-fund founder Raj Rajaratnam to take a toll on his once-mighty firm. Galleon Group notified investors in a letter Wednesday morning that it is liquidating its hedge...

Jobless claims jump. The weekly number of people claiming unemployment benefits jumped to 484,000, the Labor Department said. The increase was greater than analysts expected. Good manufacturing data. Data from the Federal Reserve banks in New York and...

* Wounded Dzhokhar Tsarnaev in Devens prison medical center * Lawmakers press inquiry of prior probe of suspect * Carjacking victim tells Boston Globe of night of terror (Adds quotes from congressman) By Scott Malone and Tim McLaughlin BOSTON, April...

NEW YORK — Preet Bharara, the man dubbed the new sheriff of Wall Street, notched another arrest in the government's vast insider trading probe. This time the top federal prosecutor in Manhattan nabbed a top portfolio manager at one of America's...