Thursday, November 19, 2009

Galleon Insider-Trading Case

New Link Seen in Galleon Insider-Trading Case

BY SUSAN PULLIAM


A defendant accused of exchanging a case of cash for inside information has ties to Galleon Group's former No. 2 executive—the first link between a top executive at the hedge fund and smaller-time players cited in a sprawling insider-trading case.


The defendant, a trader who was wiretapped by the government in the high-profile case, was quoted talking with a colleague on Nov. 20, 2007, about how an unnamed person he referred to only as "G" would be "pissed" if he learned they had shut him out of certain inside information, according to a criminal complaint filed on Nov. 5.


 
 
 
 
 
 
 
 
 

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