Role of Technology in Corporate and Social Responsibility

Insider trading. The insider trading case that has become most prominent is that against Raj Rajaratnam who ran the hedgefund Galleon Group, and was charged along with his co-defendant, Danielle Chiesi, a former consultant with New Castle Funds, LLC ("Insider Trading," 2010). Rajaratnam was convicted of 14 counts of insider trading, which makes this case the largest scheme concocted by a hedge fund ("Insider Trading," 2010). Rajaratnam's sentence was 11 years in prison accompanied by a $10 million fine ("Insider Trading," 2010). Rajaratnam was part of a "triangle of trust" that functioned as a deliberately corrupt business model in which inside information is fed through networks of experts to traders within various companies ("Insider Trading," 2010). Along with five others, Rajaratnam worked with a network of consultants and insiders to net in excess of $20 million between the years 2006 to 2009...
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