The Billionaire’s Apprentice

Description

‘A page-turning cops and robbers story set against the backdrops of Silicon Valley and Wall Street.’ – Adam Lashinsky, bestselling author of Inside Apple: How America’s Most Admired – and Secretive – Company Really Works.

The collapse of the Galleon Group – a hedge fund that managed more than $7 billion in assets – from criminal charges of insider trading was a sensational case that pitted prosecutor Preet Bharara and the SEC’s Sanjay Wadhwa, both sons of Indian immigrants, against the best and brightest of the South Asian business community: McKinsey’s three-time managing director Rajat Gupta, an icon to Indians around the globe, and his protégé Anil Kumar. The revelation that the McKinsey men, viewed as the savviest strategists in the world, had been played by Galleon’s founder Raj Rajaratnam, a portly Sri Lanka-born, Wharton-educated hedge fund manager, shocked the world.

Born in Calcutta and orphaned at fifteen, Rajat Gupta had blazed a trail from Delhi’s hyper-competitive Indian Institute of Technology through Harvard Business School to the inner sanctum of corporate America, serving on the boards of Goldman Sachs, American Airlines, and Procter & Gamble, and counting President Bill Clinton among his many powerful friends.

In a story that criss-crosses the globe from Manhattan skyscrapers to Calcutta’s back streets, Anita Raghavan takes the reader behind the scenes as Gupta is drawn into-Rajaratnam’s web of insiders. This book chronicles how a dogged team of SEC officials, federal prosecutors, and FBI agents discovers and prosecutes the biggest insider trading case of this generation.