BBC – Danielle Chiesi, a former Bear Stearns hedge fund trader said to have used her charms to gain insider tips from company executives, has been jailed.
Chiesi, 45, was handed a two-and-a-half year sentence after pleading guilty in New York for her part in the Galleon hedge fund insider trading case. In a recorded telephone conversation she described how she played an insider source “like a finely tuned piano”. She was heard laughing after her sentencing, as she shared a joke with an FBI agent who had testified against Rajaratnam.
