FBI makes more arrests in insider trading case (Headlines)
US prosecutors on Thursday revealed criminal charges against 14 people, including a hedge fund executive who allegedly handed out pre-paid cell phones to tipsters so they could avoid detection.
Patrick Degorce, a founding member of The Childrenâ??s Investment Fund, has launched his new hedge fund, called Theleme Partners, with an estimated $200m (£122m) under management.
Concerns about Galleon dating back to 2001 (Headlines)
Concerns about the business practices of Galleon hedge fund founder Raj Rajaratnam and his associates were raised inside JPMorgan Chase as far back as 2001, the FT reports.