Topic: Hedge Funds
Ex-Intel executive pleads guilty in NYC to fraud
AP News
Ex-Intel executive pleads guilty in hedge fund insider trading case in federal court in NYCA former Intel executive pleaded guilty Monday to charges he fed confidential information about the computer-chip maker to wealthy hedge fund manager Raj Rajaratnam, his old friend and central figure in a massive insider trading case ...
Ex-Intel exec admits conspiring with Rajaratnam
Reuters US Online Report Business News
NEW YORK (Reuters) - A former Intel Capital director pleaded guilty on Monday to fraud in the Galleon insider trading case, telling a New York court that hedge fund founder Raj Rajaratnam gave him money for personal needs and that he profited from illegal trades. Rajiv Goel, who was arrested in ...
Citi in talks over $3 billion in car loans: report
Reuters US Online Report Business News
PHILADELPHIA (Reuters) - Citigroup Inc <C.N> has held talks with private equity groups and hedge funds over the sale of $3 billion in car loans in a move to clear troubled assets from its balance sheet, according to a report by the Financial Times. Citigroup is believed to ...
Hedge funds, bankruptcy judges spar over disclosure
Reuters US Online Report Business News
WILMINGTON, Delaware (Reuters) - Hedge funds will defend their coveted secrecy against bankruptcy judges who want more information about their economic interests before granting them an active role in Chapter 11 reorganizations. The two sides will make their case on Friday before a regularly scheduled federal rule-making panel that will try ...
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