Billionaires Apprentice

Chronicling how a dogged team of SEC officials, federal prosecutors and FBI agents discovers and prosecutes the biggest trading case of the generation, The Billionaire’s Apprentice: The Rise of The Indian-American Elite And The Fall of The Galleon Hedge Fund is a compelling read. Revolving around the sensational court case that occurred after the collapse of the Galleon Group, this book trails how a hedge fund managed more than $7 billion in assets from criminal charges of insider trading. Galleon’s founder Raj Rajaratnam, was a Sri-Lankan born billionaire who was educated in Wharton and was a self-proclaimed King of Kings. One of the allegations against him that shocked the world was his involvement with the Indian businessman Rajat Kumar Gupta in the trading case. Acting as the powerful decision maker to Rajaratnam, Gupta’s rise to the helm of McKinsey & Co. opened up new opportunities for Indian immigrants in America. Gupta was born in Calcutta and lost his parents at the age of fifteen. He had his humble beginnings in the Indian Institute of Technology, Delhi and went on to study at the Harvard Business School. Shortly after, he made his advent into the corporate world of America, serving on the boards of Goldman Sachs, American Airlines and Procter & Gamble. The Billionaire’s Apprentice: The Rise of The Indian-American Elite And The Fall of The Galleon Hedge Fund shows how Gupta had many powerful friends including Bill Clinton. Taking you across the globe from the back streets of Calcutta to the skyscrapers of Manhatten, Anita Raghavan brings you this spellbinding behind the scenes account of the trading case. The story takes you through Gupta’s ushering into Rajaratnam’s web of insiders. Published on 3 July 2013, this book is available in paperback.Key FeaturesThe story revolves around the biggest trading case of the generation.It provides a comprehensive intake on the lives, triumphs and eventual downfall of the businessmen involved in the scandal.