Great Galleon's ghost! According to a Wall St Journal report a northern California hedge-fund manager was charged Friday with making a series of improper trades in Google Inc. and other technology companies based on inside information, the latest in a broad government crackdown on insider trading.
The case against Doug Whitman, of Whitman Capital in Menlo Park, Calif., stems from a wider investigation involving Galleon Group founder Raj Rajaratnam. Mr. Rajaratnam was convicted of insider-trading charges last May and is serving an 11-year prison sentence.
Federal prosecutors in Manhattan have alleged that Mr. Whitman, 54 years old, made trades based on secret tips he received from Roomy Khan and Karl ...
http://online.wsj.com/article/SB10001424052970203824904577214992975043460.html?mod=WSJ_hp_LEFTWhatsNewsCollection
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