Saturday, October 22, 2011
The blonde hedge-fund queen whose pillow talk made her millions
According to the Independent the most sensational insider-trading case in history came to end this week with the jailing of Danielle Chiesi -- a former beauty queen who seduced a straight-laced IBM executive and then made millions from the pillow talk. Chiesi, a blonde femme fatale with a preference for pearls and stiletto heels, finally entered a luxury jail on Tuesday where she is due to spend the next 30 months wearing khakis and work boots.
The 45-year-old financial analyst, who pleaded guilty to securities fraud was the final person jailed in a scandal involving one of the world's biggest hedge funds. The case has thrown a tawdry spotlight on the world of hedge funds and sent shivers through the industry.
Chiesi and Rajaratnam tried to tilt the odds in their favour by gaining access to private information, known as insider trading, so that their bets would come right more often. For a long time this worked for Rajaratnam, who was among the world's 30 richest people and the wealthiest Sri Lankan. His $7bn hedge fund benefited greatly from Chiesi, who used her considerable sex appeal to get the sort of information she needed….
Read more at http://www.independent.ie/lifestyle/the-blonde-hedgefund-queen-whose-pillow-talk-made-her-millions-2913859.html
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