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The billionaire's apprentice: the rise of the Indian-American elite and the fall of the Galleon hedge fund

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Just as WASPs, Irish-Catholics and Our Crowd Jews once made the ascent from immigrants to powerbrokers, it is now the Indian-American's turn. Citigroup, PepsiCo and Mastercard are just a handful of the Fortune 500 companies led by a group known as the "Twice Blessed." Yet little is known about how these Indian emigres (and children of emigres) rose through the ranks. Until now... The collapse of the Galleon Group--a hedge fund that managed more than $7 billion in assets--from criminal charges of insider trading was a sensational case that pitted prosecutor Preet Bharara, himself the son of Indian immigrants, against the best and brightest of the South Asian business community. At the center of the case was self-described King of Kings, Galleon's founder Raj Rajaratnam, a Sri-Lankan-born, Wharton-educated billionaire. But the most shocking allegation was that the éminence grise of Indian business, Rajat Gupta, was Rajaratnam's accomplice and mole. If not for Gupta's nose-to-the-grindstone rise to head up McKinsey & Co and a position on the Goldman Sachs board, men like Rajaratnam would have never made it to the top of America's moneyed elite. Author Anita Raghavan criss-crosses the globe from Wall Street boardrooms to Delhi's Indian Institute of Technology as she uncovers the secrets of this subculture--an incredible tale of triumph, temptation and tragedy.
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Grouping Information

Grouped Work ID 1660d1e4-0041-8c60-c9bb-811d2acc2c36
Grouping Title billionaire s apprentice the rise of the indian american elite and the fall of the galleon hedge fun
Grouping Author raghavan anita
Grouping Category book
Last Grouping Update 2020-06-06 23:03:29PM
Last Indexed 2020-06-05 23:51:57PM

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author Anita Raghavan
author_display Raghavan, Anita
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collection_catalog Non-Fiction
detailed_location_catalog Main Library - Adult Non-Fiction
display_description Depicts the collapse of a multi-billion dollar South Asian hedge fund due to insider trading and describes the case brought against them by the son of Indian immigrants who went up against the corporation's founder.
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literary_form Non Fiction
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owning_library_catalog Nashville Public Library
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primary_isbn 9781455504022
publishDate 2013
Bib IdFormatFormat CategoryEditionLanguagePublisherPublication DatePhysical Description
overdrive:e1ae6499-0d46-40b3-b35b-7c78ece683e9 eBook eBook English Grand Central Publishing 2013
ils:CARL0000418288 Book Books 1st ed. English Business Plus, 2013. xvi, 493 p. : ill. ; 24 cm.
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subject_facet East Indian Americans
Hedge funds -- Corrupt practices -- United States
Insider trading in securities
Investment advisors -- Corrupt practices -- United States
title_display The billionaire's apprentice : the rise of the Indian-American elite and the fall of the Galleon hedge fund
title_full The Billionaire's Apprentice The Rise of the Indian-American Elite and the Fall of the Galleon Hedge Fund
The billionaire's apprentice : the rise of the Indian-American elite and the fall of the Galleon hedge fund / Anita Raghavan
title_short The billionaire's apprentice :
title_sub the rise of the Indian-American elite and the fall of the Galleon hedge fund
topic_facet Business
Corrupt practices
East Indian Americans
Hedge funds
Insider trading in securities
Investment advisors