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With IPO In Sight, Facebook Shares Still Trading
Rumors are swirling about a halt or even longer-term end to the trading of Facebook stock on the secondary market. Facebook trades have been halted for three days this week by Facebook's legal team at Fenwick & West, according to a report today from Bloomberg.
Read more...Euro Worst Performer as Greece Tip Toes Around Another Deadline
Euro Worst Performer as Greece Tip Toes Around Another Deadline
Read more...DealBook: Ex-Fund Manager Gets Prison Term in Insider Trading Case
Drew K. Brownstein, the former hedge fund manager, was sentenced to a year and a day in prison after pleading guilty to charges of insider trading involving Mariner Energy.
Read more...U.S. expands case against ex-Goldman director Gupta
(Reuters) - Federal prosecutors expanded their insider trading case against former Goldman Sachs Group Inc director Rajat Gupta on Tuesday, saying the illegal activity lasted longer and involved more trades than alleged. A new indictment filed in Manhattan federal court expanded the period in which Gupta, 63, supposedly provided illegal tips to his friend Raj Rajaratnam, the Galleon Group hedge ...
Read more...American outlaws: The inside story on insider trading
Knowledge may be power, according to 16th century British philosopher Francis Bacon, but these days, information is equity. At least it was for a circle of friends employed as hedge fund portfolio managers ...
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