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The Galleon Fund
Andrew Michaelson, one of the principal SEC lawyers investigating the case, testified that in September 2006 the agency launched an insider-trading probe of Sedna Capital Management LLC, a fund operated by Rengan Rajaratnam, a former Galleon employee.
Michaelson, now a member of the prosecution team, said the SEC deposed Sedna and Galleon employees, reviewed millions of pages of documents and reviewed every single e-mail and instant message of Raj Rajaratnam’s for 2006. Soon regulators had another target, he said
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Morgan Stanley hit by China-based hackers -report - CNBC
Morgan Stanley hit by China-based hackers -report - CNBC
NEW YORK, Feb 28 (Reuters) - Morgan Stanley experienced a "very sensitive" break-in to its network by the same China-based hackers who attacked Google Inc's computers more than a year ago, Bloomberg reported, citing leaked emails from an Internet security company.
The emails from the Sacramento, California-based computer security firm HBGary Inc said that Morgan Stanley -- the first financial institution identified in the series of attacks -- considered details of the intrusion a closely guarded secret, the report said. Bloomberg quoted Phil Wallisch, a senior security engineer at HBGary, as saying that he read an internal Morgan Stanley report detailing the so-called Aurora attacks. The HBGary emails don't indicate what information may have been stolen from Morgan Stanley's databanks or which of the world's largest merger adviser's multinational operations were targeted, according to the report.
NEW YORK, Feb 28 (Reuters) - Morgan Stanley experienced a "very sensitive" break-in to its network by the same China-based hackers who attacked Google Inc's computers more than a year ago, Bloomberg reported, citing leaked emails from an Internet security company.
The emails from the Sacramento, California-based computer security firm HBGary Inc said that Morgan Stanley -- the first financial institution identified in the series of attacks -- considered details of the intrusion a closely guarded secret, the report said. Bloomberg quoted Phil Wallisch, a senior security engineer at HBGary, as saying that he read an internal Morgan Stanley report detailing the so-called Aurora attacks. The HBGary emails don't indicate what information may have been stolen from Morgan Stanley's databanks or which of the world's largest merger adviser's multinational operations were targeted, according to the report.
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