insider trading news from FierceFinance

Back in 1987, a United States marshal walked into the Goldman Sachs (GS) building and arrested senior partner Robert Freeman, 44, the head of Goldman's hugely important risk arbitrage department on... Read more...

Rabbi Milton Balkany has been charged by U.S. authorities with trying to blackmail hedge fund (hedge fund news) SAC Capital Advisors. Balkany allegedly told the fund that unless he was paid $4... Read more...

Say it isn't so. Neil Barofsky, the SIG-TARP, or special inspector general for TARP, is looking into the possibility that news about TARP announcements filtered down to the trading desks of big... Read more...

This is stunning when you think about it. A McKinsey consultant--McKinsey--was paid up to $2 million in cash, which were funneled to a secret Swiss bank account and then into hedge funds operated by... Read more...

As expected, Raj Rajaratnam, the alleged kingpin in a massive insider trading scam, pleaded not guilty. So this sets up a very interesting showdown with the government, which has a lot more than... Read more...

A federal grand jury has handed down indictments of Raj Rajaratnam and Danielle Chiesi, two figures said to be at the heart of a massive insider trading scheme. These formal charges come two weeks... Read more...

A lot of people assume that Galleon is merely the tip of an iceberg of fraud. There has been lots of nervousness in the industry which is wondering who's next. A lot of speculation has fallen on SAC,... Read more...

We've noted that it looks like Raj Rajaratnam intends to go to the mat against the SEC on the insider trading charges against him. The New York Times offers a preview of what might be his defense.... Read more...

Raj Rajaratnam has come out swinging. He has now answered the government's accusations with strong denials. His lawyers say he was not the mastermind of a massive insider trading scandal. The... Read more...

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... Read more...