Goldmans insider trading probe examines Buffett deal
Federal investigators probing allegations that hedge fund trader Raj Rajaratnam engaged in insider trading of Goldman Sachs stock believe that a director at the investment bank tipped him off about Warren Buffett's $5bn investment, The Wall Street Journal reports.
The Securities and Exchange Commission (SEC) is pressing criminal charges against Galleon Group founder Rajaratnam for trading in Goldman Sachs shares in 2008 using information that was not in the public domain.
Wiretap evidence obtained by the SEC reportedly proves that...
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