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- Greenlight Capital Fined by FSA – David Einhorn’s Insider Tips
David Einhorn’s Greenlight Capital has run into trouble in the UK for insider trading. Reuters is reporting that Britain’s Financial Services Authority (FSA) said on Wednesday it had fined Einhorn 3.64 million pounds ($5.67 million) and his Greenlight Capital 3.65 million pounds for market abuse. Greenlight rose to prominence in credit crunch for shorting Lehman [...] - Galleon Verdict : Raj Rajaratnam Insider Trading Guilty Sentence
A jury recently handed down a sentence which found that the Galleon Group’s founder Raj Rajaratnam was convicted of insider trading. Bloomberg is reporting that jury never argued during 12 days of secret deliberations that he was innocent. Instead the focus was on what sentence to give Rajaratnam. Here is a post about the Galleon [...] - Insider Trading Update and The Wilpons, The Mets and Madoff
Here are a series of videos about recent hedge fund insider trading arrests / allegations: The Galleon Case: Or perhaps so-called insider trading should be legalized? And then of course there is the Wilpons and Madoff: From CNBC: ESPN’s take on the Wilpon / Madoff scandal (which the Wilpon’s claimed would not affect the NY [...]
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