Friday, October 25, 2013
The Billionaire's Apprentice: The Rise of The Indian-American Elite and The Fall of The Galleon Hedge Fund
The Billionaire's Apprentice: The Rise of The Indian-American Elite and The Fall of The Galleon Hedge Fund, were fiction, I would have set it aside concluding that the behavior of the characters was outside any willing suspension of disbelief. Instead, this is non-fiction, presenting a large cast of characters with a deficit of integrity. Raghavan presents the story of self-dealing business leaders: Raj Rajaratnam, owner of the Galleon Hedge Fund who pushed employees to gain an edge by cultivating insiders and getting non-public information from them; and the downfall of one of Raj’s insiders, Rajat Gupta former CEO McKinsey and former independent director at Goldman Sachs. These and other wealthy, sad and greedy individuals populate over 500 pages of lively reading. Raghavan puts everything in context and the result is a finely written book that any reader with an interest in business, ethics or Wall Street finance will find well worth reading. Rating: Four-star (I like it) Click here to purchase The Billionaire’s Apprentice from amazon.com.