Galleon Group Investors Want Out Of Hedge Fund

from National Public Radio

Investors in the Galleon Group hedge fund have been withdrawing more than $1 billion in funds. The withdrawals follow the arrest of Galleon co-founder Raj Rajaratnam. Last week the Sri Lankan-born billionaire was charged with insider trading. He allegedly used tips from company insiders to make $20 million in illegal profits.

Broadcast Dates

• Morning Edition, October 20, 2009