Topic: Galleon Group

2 chapters across the catalog

The Election Special
Episode 1291 2:17:20 - 2:23:51

1291: The Election Special

Patrick Byrne, FBI Wall Street Sting, Galleon Group

Former Overstock CEO Patrick Byrne details his history as an FBI informant. In 2002, he was tasked by nine senators to investigate systemic corruption on Wall Street. Byrne claims his work led to the arrest of Raj Rajaratnam and the collapse of the Galleon Group hedge fund.

Who Is John Brek?
Episode 141 6:03 - 9:49

141: Who Is John Brek?

Galleon Group Insider Trading Scandal and Wall Street Journal Graphics

The discussion focuses on the Galleon Group insider trading case involving Raj Rajaratnam. The hosts argue the $22 million scandal is a "rounding error" designed to distract the public from larger financial misconduct at Goldman Sachs and JP Morgan Chase. They criticize The Wall Street Journal for using simplified, comic-book-style illustrations to explain the mechanics of the fraud.