Hedge-Fund Manager Charged in Insider-Trading Probe

Wow, right here in Menlo Park, CA.  Douche-baggery is seeping into the backyard.

“A northern California hedge-fund manager was charged Friday with making a series of improper trades in Google Inc. and other technology companies based on inside information, the latest in a broad government crackdown on insider trading.

The case against Doug Whitman, of Whitman Capital in Menlo Park, Calif., stems from a wider investigation involving Galleon Group founder Raj Rajaratnam. Mr. Rajaratnam was convicted of insider-trading charges last May and is serving an 11-year prison sentence.

Federal prosecutors in Manhattan have alleged that Mr. Whitman, 54 years old, made trades based on secret tips he received from Roomy Khan and Karl …”



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