The ties between a current top Goldman Sachs manager and the
controversial hedge fund Galleon Group Inc. were closer than previously known. A current Goldman managing director
exchanged emails with Galleon founder Raj Rajaratnam ahead of a daily
"morning meeting" at Galleon, according to previously undisclosed
emails and wiretapped phone call transcripts reviewed by The Wall Street
Journal. In the emails, the Goldman manager offered what he called "tiddie
biddies" about some top technology firms, including Apple and Intel
As reported by the Journal, the Goldman official, David
Loeb, who was a senior salesman at the investment bank at the time of the
communications, is one of three current Goldman employees that federal
prosecutors and the Federal Bureau of Investigation are investigating,
according to people familiar with the probe….
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