{"id":12706,"date":"2009-10-29T07:36:40","date_gmt":"2009-10-29T11:36:40","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=12706"},"modified":"2009-10-29T07:36:40","modified_gmt":"2009-10-29T11:36:40","slug":"galleon-paid-wall-street-banks-millions-for-edge-report","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2009\/galleon-paid-wall-street-banks-millions-for-edge-report.html","title":{"rendered":"Galleon paid Wall Street banks millions for &#8220;edge&#8221;: report"},"content":{"rendered":"<p>Reuters &#8211; Hedge fund firm Galleon Group, whose founder has been charged with insider trading, paid $250 million to its Wall Street banks last year and in return received market information that other investors did not get, the Financial Times reported.<\/p>\n<p>New York-based Galleon, which invested $7 billion at its peak last year, became known for pushing its contacts at banks for hints about market developments such as big buy and sell orders, the newspaper wrote.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.reuters.com\/article\/ousivMolt\/idUSTRE59S0BV20091029\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Hedge fund firm Galleon Group, whose founder has been charged with insider trading, paid $250 million to its Wall Street banks last year and in return received market information that other investors did not get, the Financial Times [&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":[11708],"class_list":["post-12706","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-hedge-funds"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12706","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=12706"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12706\/revisions"}],"predecessor-version":[{"id":12707,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12706\/revisions\/12707"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=12706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=12706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=12706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}