Hindustan Times – Hedge fund tycoon Raj Rajaratnam made $4 million in a day by doubling his stake in Hilton thanks to a tip from an Indian origin Moody’s analyst, federal prosecutors have charged. The Sri Lankan American co-founder of the Galleon Group bought 400,000 additional shares of Hilton July 3, 2007, before t
The the hotel chain announced a takeover by private-equity firm Blackstone Group, a New York court was told Monday.
