The year-end is when you recount the tales of those who rose to stardom or of those who fell from their coveted positions. IBTimes lists the top ten most disgraced personalities of 2011 whose downfalls shook the world.
At least two Goldman Sachs Group Inc executives face potential interviews under oath in connection to Rajat Gupta case.
Former FrontPoint Partners hedge fund manager Dr. Joseph Chip Skowron was sentenced to five years in prison on Friday for his role in an insider trading scheme.
Both parties' House leaders, Speaker John Boehner, R-Ohio, and Minority Leader Nancy Pelosi, D-Calif., are among several lawmakers who profited from transactions that raised possible of conflicts of interest, according to a report on CBS' 60 Minutes.
A '60 Minutes' investigation claims several members of Congress may have made investment decisions based on insider information.
Rajat Gupta's arrest is the latest in the unscrupulous world of insider trading. Here are five more recent cases:
Rajat Gupta, a former Goldman Sachs Group Inc director and former global head of McKinsey & Co, was arrested on Wednesday on criminal charges related to his hedge fund manager friend Raj Rajaratnam, the central figure in a U.S. crackdown on insider trading.
Rajat Gupta, a former director of Goldman Sachs Group Inc and Procter & Gamble, was arrested on Wednesday on insider trading charges, making him the most prominent executive to be accused in a broad U.S. crackdown on illegal leaks of corporate secrets.
Rajat Gupta, former Goldman Sachs director and former head of McKinsey & Co, will surrender to the FBI on Wednesday to face criminal insider trading-related charges, a person familiar with the investigation said.
A laundry list of referrals about trading at SAC Capital have shed new light on the firm's opportunistic bets but also illustrate why regulators are having a tough time making allegations of insider trading stick against one of the world's biggest hedge funds.
Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend, former Goldman Sachs Group Inc director Rajat Gupta, Newsweek Daily Beast reported.
Raj Rajaratnam has broken his silence in an interview with Newsweek.
Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend, former Goldman Sachs director Rajat Gupta, The Daily Beast online newspaper reported.
Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend, former Goldman Sachs director Rajat Gupta, The Daily Beast online newspaper reported.
The Securities and Exchange Commission is examining whether hedge fund SAC Capital Advisors used insider information to profit from Johnson & Johnson's takeover of Cougar Biotechnology Inc in 2009, the Wall Street Journal said, citing people familiar with the matter.
The Securities and Exchange Commission is warning staffers their personal brokerage-account information may have been compromised, after it uncovered security flaws with an ethics-compliance program.
Sri Lankan-born Hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for the biggest hedge fund insider trading case in the U.S., but the verdict was not as stringent as legal circles had predicted.
Raj Rajaratnam, a self-made hedge fund tycoon convicted in the biggest Wall Street trading scandal in a generation, was ordered on Thursday to serve 11 years in prison, one of the longest sentences ever in an insider-trading case but far less than prosecutors sought.
Raj Rajaratnam, a self-made hedge fund tycoon convicted in the biggest Wall Street trading scandal in a generation, was ordered on Thursday to serve 11 years in prison, one of the longest sentences ever in an insider-trading case.
Raj Rajartnam, the former co-founder of Galleon Group hedge fund, was sentenced Thursday to 11 years in an historic case for white collar crimes.
A billionaire and one-time hedge fund industrialist Raj, Rajaratnam who was arrested in the biggest Wall Street insider-trading is set to face his punishment in a Manhattan courtroom Thursday.
New Mexico's state pension fund is sticking with embattled hedge fund manager John Paulson for now even as his main portfolios suffer their worst-ever losses.
