Accused Hedge Fund CEO Allegedly Called Analyst ‘Idiot’

CNBC has learned more details about alleged tensions inside the hedge fund Galleon Management as the fund’s founder, Raj Rajaratnam, presented his team with alleged insider information about Goldman Sachs.

Attorney Stuart Meissner, who represents a former Galleon employee in a whistleblowercase pending at the Securities and Exchange Commission (SEC), told CNBC Tuesday that his client witnessed a fraught exchange between Rajaratnam and one of his own analysts at Galleon in late 2007 or early 2008.

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