CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Oh shit, not again: Hedge fund manager charged with insider trading Sun Feb 12, 2012 2:01 am | |
| A California hedge fund manager was charged on Friday with making $900,000 illegally on inside information about three technology companies, the latest strand of the high-profile Galleon Group prosecutions against money managers and traders.
Doug Whitman of Whitman Capital was accused of gleaning secrets about Google Inc and Polycom Inc from trader Roomy Khan, a one-time associate of Raj Rajaratnam, the Galleon hedge fund founder. Rajaratnam was convicted in a high-profile trial last May.
http://www.reuters.com/article/2012/02/10/us-insidertrading-hedgefunds-arrest-idUSTRE81918C20120210 |
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