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Rajaratnam update: McKinsey consultant testimony continues
Prosecutors are attempting to shed light on the dark side of Wall Street in the Raj Rajaratnam insider trading trial. The star witness, as of this moment anyway, is Anil Kumar, the former McKinsey consultant whom the prosecution hopes will make a decent impression on the jury as a upright guy sedu
The "rock star" in the Galleon scandal
Danielle Chiesi's role in the Galleon, Raj Rajaratnam insider trading scandal has been noted often but not fully explored, leaving many questions. Her language was certainly colorful --she favored the F-word according to the wiretaps--but it turns out her modus operandi was just as colorful.
A bad inside trade?
Insider trading based on inside material information is against the law, no matter what. But what does it mean when the illegal traders botch the information so badly that they actually lose money?
Prosecutors chose to focus on the $20 million in gains that the merry band of insider traders le
