Team Sergeant
06-21-2016, 09:18
Hedge Fund Titans Choosing Hillary Clinton Over Top Republicans , URL will not resolve..... Can someone dig up that article? (got it to resolve, on Bing)
Gee, I hope hillary clinton is not tied to the hip with Sanjay Valvani, Visium Asset Management and Jake Gottlieb.
And a corrupt government FDA official.
Funny how that works. Especially when a major hillary clinton donator is now dead.
Hedge fund manager charged with insider trading reportedly found dead in apparent suicide
Published June 21, 2016
· FoxNews.com
A manager at one of the biggest hedge funds facing insider trading accusations was found dead Monday night in an apparent suicide less than a week after prosecutors filed charges against him, Dow Jones reports.
Sanjay Valvani, a 44-year-old partner and money manager at Visium Asset Management LP in New York City, was charged last Wednesday with five counts including securities fraud and conspiracy. Prosecutors said Valvani made at least $32 million from trades based on confidential tips about drug approvals. He pleaded not guilty.
His wife found him with a wound to his neck at their home in Brooklyn, according to police. They said they recovered a knife and a suicide note.
Valvani paid a former Food and Drug Administration employee to pass along tips about pending drug approvals from an ex-colleague, U.S. Attorney Preet Bharara said. He also accused Valvani of sending some of those tips to portfolio manager Christopher Plaford, who made his own illegal trades.
Valvani's attorney, Barry Berke, called his client "an innocent man whose investment decisions were always based on rigorous and entirely appropriate research and analysis.''
Visium announced Friday it would sell one of its funds and shut the rest. The firm had managed $8 billion at its peak, Bloomberg reported, but uneasy clients pulled out billions of dollars after details of the federal investigation went public earlier this year.
cont:
http://www.foxnews.com/us/2016/06/21/report-hedge-fund-manager-charged-with-insider-trading-found-dead-in-apparent-suicide.html?intcmp=hpbt3
Gee, I hope hillary clinton is not tied to the hip with Sanjay Valvani, Visium Asset Management and Jake Gottlieb.
And a corrupt government FDA official.
Funny how that works. Especially when a major hillary clinton donator is now dead.
Hedge fund manager charged with insider trading reportedly found dead in apparent suicide
Published June 21, 2016
· FoxNews.com
A manager at one of the biggest hedge funds facing insider trading accusations was found dead Monday night in an apparent suicide less than a week after prosecutors filed charges against him, Dow Jones reports.
Sanjay Valvani, a 44-year-old partner and money manager at Visium Asset Management LP in New York City, was charged last Wednesday with five counts including securities fraud and conspiracy. Prosecutors said Valvani made at least $32 million from trades based on confidential tips about drug approvals. He pleaded not guilty.
His wife found him with a wound to his neck at their home in Brooklyn, according to police. They said they recovered a knife and a suicide note.
Valvani paid a former Food and Drug Administration employee to pass along tips about pending drug approvals from an ex-colleague, U.S. Attorney Preet Bharara said. He also accused Valvani of sending some of those tips to portfolio manager Christopher Plaford, who made his own illegal trades.
Valvani's attorney, Barry Berke, called his client "an innocent man whose investment decisions were always based on rigorous and entirely appropriate research and analysis.''
Visium announced Friday it would sell one of its funds and shut the rest. The firm had managed $8 billion at its peak, Bloomberg reported, but uneasy clients pulled out billions of dollars after details of the federal investigation went public earlier this year.
cont:
http://www.foxnews.com/us/2016/06/21/report-hedge-fund-manager-charged-with-insider-trading-found-dead-in-apparent-suicide.html?intcmp=hpbt3