{"id":12595,"date":"2009-10-21T06:03:08","date_gmt":"2009-10-21T10:03:08","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=12595"},"modified":"2009-10-21T06:15:20","modified_gmt":"2009-10-21T10:15:20","slug":"galleon-exec-draws-judge-rakoff","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2009\/galleon-exec-draws-judge-rakoff.html","title":{"rendered":"Galleon exec draws judge Rakoff"},"content":{"rendered":"<p>New York Post &#8211; The high-profile insider-trading case against hedge-fund king Raj Rajaratnam of Galleon Group is getting a high-profile judge who&#8217;s earned the nickname on Wall Street of Judge Dread.<\/p>\n<p>US District Court Judge Jed Rakoff is expected to oversee the Securities and Exchange Commission&#8217;s case against the billionaire hedgie, who was charged Friday with running a $20 million insider-trading scheme.<\/p>\n<p>On Wall Street, Rakoff has gained notoriety for nixing a $33 million settlement between the SEC and Bank of America over charges the bank hid billions in losses and bonus payments from shareholders in order to push through BofA&#8217;s merger with Merrill Lynch.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.nypost.com\/p\/news\/business\/galleon_exec_draws_judge_rakoff_TLkkjQ6Xy0IA2mD2A0bHzO\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York Post &#8211; The high-profile insider-trading case against hedge-fund king Raj Rajaratnam of Galleon Group is getting a high-profile judge who&#8217;s earned the nickname on Wall Street of Judge Dread. US District Court Judge Jed Rakoff is expected to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[15743,11148,15975,9184,15976],"class_list":["post-12595","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-district-court-judge","tag-hedge-fund","tag-hedgie","tag-high-profile","tag-judge-dread"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=12595"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12595\/revisions"}],"predecessor-version":[{"id":12603,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12595\/revisions\/12603"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=12595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=12595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=12595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}