Caryn Eisenberg took the witness stand this morning in a black halter top covered by a sequin-studded cardigan and told jurors that Rajat Gupta was among a select group of confidants who could reach Galleon Group founder Raj Rajaratnam during his busiest trading hours. She wore a gold medallion and seemed to conceal a nervous Read More
Danielle Chiesi, former NewCastle Partners consultant and ex-beauty queen, will plead guilty this afternoon in an insider trading probe tied to the Galleon Group hedge fund, according to The New York Times.
Ms. Chiesi had been a central figure in the long-running Galleon probe, pleading not guilty in a probe led by U.S. in Read More
A judge today allowed recordings from the tapped phone of Galleon’s alleged insider trading kingpin, Raj Rajaratnam, in a case expected to go to trial next year. The feds had tapped thousands of Mr. Rajaratnam’s conversations over the course of a nine-month surveillance back in 2008.
The Wall Street Journal reports:
“While the SEC Read More
At the arraignment of Galleon head Raj Rajaratnam and Danielle Chiesi this afternoon, Ms. Chiesi’s mother—a former beauty queen-turned-financial-analyst who is accused of funneling insider information to Mr. Rajaratnam—offered a directive to reporters.
“My daughter is innocent and that is what you will be printing,” Gloria Chiesi, Danielle Chiesi’s mother, told The Wall Read More
