Wednesday, July 3, 2013

The Billionaire's Apprentice: The Rise of The Indian-American Elite and The Fall of The Galleon Hedge Fund by Anita Raghavan

A long look at Indians/S Asians that move to US since mid 70s, their background, schooling, success at B schools. Focus on several that got involved in hedge funds like Galleon and in consulting like at McKinsey. Follows Rajat Gupta's rise at McKinsey, international success with major companies and governments and cooperation with Galleon. Also follows the career of Raj Rajarathan and leader of Galleon and its success. Unfortunately too much cooperation leads to insider trading. Trials of both and the build up to them is detailed. Good interesting tale but could use good editing as she goes off on completely new episodes in the middle of paragraphs.

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