Galleon case tests mosaic theory

Comments (0) | 8 Mar 2011 | Rating | Print by Neil Stewart

Does IR give value-add color – or insider trading tips?

Galleon’s Raj Rajaratnam goes to court today in the biggest insider trading trial since Gordon Gecko. If he’s convicted, the foundations of investor relations could be shaken to bits.

Rajaratnam’s defense rests on the mosaic theory of investing. And without the mosaic theory, investor relations would be ...

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