Hello Franz! Cooperator No. 9 in Galleon Case Makes Debut
This morning we give a Law Blog welcome to Franz Tudor, a former trader at hedge funds Galleon Group and Schottenfeld Group. Tudor, it turns out, is cooperating in the Justice Department’s case against his former friends and colleagues at Schottenfeld and at his most recent firm, Incremental Capital. Here’s the story from WSJ’s Amir Efrati. That makes Tudor the 9th cooperator (that we know of) who has agreed to plead guilty to insider-trading conspiracy. But he’s not the only device wearer. Federal prosecutors in Manhattan equipped other cooperating witnesses with recording devices to try to obtain information about targets in the Galleon insider-trading probe, these people say. Among them is Gautham…
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Health Benefits of Safflower and Sunflower Seeds
[Health]According to Ron Siojo , "The sunflower flourished in Mexico about 4,000 years ago. In the 16th century, the galleon trade brought the plant to Europe where it became very popular as an ornamental flower plant. It was then established as an oilseed crop in Eastern Europe in the 18th century when Russia imported it via Holland.
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Most Magical Things to Buy in Hogsmeade (and Some to Avoid)
[Travel & Places]The Wizarding World of Harry Potter brims with exclusive souvenirs and replicas that fans will recognize from the books and films. Some of them are awesome, but others aren’t worth a single Galleon.
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Marketeers Use Pirate Bay Brand To Generate Business
[Business & Finance]Yesterday saw the announcement that The Pirate Bay has launched a new dating site. PirateDate.com carries the unmistakable Pirate Bay galleon and replicates the well-worn pirate-style font, but how connected with The Pirate Bay is it? Well, perhaps not as closely as some might presume, but being mentioned in the same breath could be good enough.
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Galleon Probe Turns to Buffett Deal
[Business & Finance]The government suspects Goldman Sachs Director told trader of Berkshire Hathaway's 2008 investment before a public announcement of the deal.
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The Galleon defense: insightful “market color” or Top Secret
[Business & Finance]If the insider trading case against Galleon Management co-founder Raj Rajaratnam ever gets to trial, expect a vigorous defense strategy built around the difference between information that’s considered insightful “market color” versus top secret, market-moving trading tips.
































