Billionaire's Apprentice The Rise of the Indian-American Elite and the Fall of the Galleon Hedge Fund

ISBN-10: 1455504025
ISBN-13: 9781455504022
Edition: 2013
Authors: Anita Raghavan
List price: $32.00 Buy it from $3.00
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Description: Just as WASPs, Irish-Catholics and Our Crowd Jews once made the ascent from immigrants to powerbrokers, it is now the Indian-American's turn. Citigroup, PepsiCo and Mastercard are just a handful of the Fortune 500 companies led by a group known as  More...

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Book details

List price: $32.00
Copyright year: 2013
Publisher: Grand Central Publishing
Publication date: 6/4/2013
Binding: Hardcover
Pages: 512
Size: 6.54" wide x 9.25" long x 1.50" tall
Weight: 1.628
Language: English

Just as WASPs, Irish-Catholics and Our Crowd Jews once made the ascent from immigrants to powerbrokers, it is now the Indian-American's turn. Citigroup, PepsiCo and Mastercard are just a handful of the Fortune 500 companies led by a group known as the "Twice Blessed." Yet little is known about how these Indian emigres (and children of emigres) rose through the ranks. Until now...The collapse of the Galeon Group--a hedge fund that managed more than $7 billion in assets--from criminal charges of insider trading was a sensational case that pitted Preet Bharara, himself the son of Indian immigrants, against the best and brightest of the South Asian business community. At the center of the case was self-described King of Kings, Galleon's founder Raj Rajaratnam, a Sri-Lankan-born, Wharton-educated billionaire. But the most shocking allegation was that the eminence grise of Indian business, Rajat Gupta, was Rajaratnam's accomplice and mole. If not for Gupta's nose-to-the-grindstone rise to head up McKinsey & Co and serves on the Goldman Sachs board, men like Rajaratnam would have never made it to the top of America's power class.Author Anita Raghavan criss-crosses the globe from Wall Street boardrooms to the classrooms of Delhi's Indian Institute of Technology as she uncovers the secrets of this subculture--an incredible tale of triumph, temptation and tragedy.

Cast of Characters
Prologue The Twice Blessed
Discovery
"Who Will Show Me the Way in the World?"
"I Respectfully Decline to Answer the Question"
A Family Affair
Drama at IIT
Birdie Trades
Promises to Keep
The Good Ship Galleon
Rising
No Ask Hacks
"The Tamil Tiger" of Wall Street
Up or Out at McKinsey
The Camera Never Lies
The Corner Office
Raj's Edge
Building Offshore-istan
Partying and Polycom
Playing for Team USA
The Wharton Mafia
Reeling in Roomy
Falling
Moonlighting at McKinsey
A Vanaprastha on the Hudson
The Dishonorable Dosco
On the New Silk Route
The Million-Dollar Man
"You've Gotta Be a Hustler"
The Richest Maid in Silicon Valley
The Wire
"I Played Him Like a Finely Tuned Piano"
A Friend on the Board
A Tragic Call
"Buy Goldman Sachs, Buy Goldman Sachs"
Trading at the Setai
Handcuffs for Breakfast
Trials
"Why Is It So Quiet Around Here?"
"He's a Bad Man"
The Gupta File
Kumar Sings
An Unhappy Diwali
Et Tu, Kumar?
A Family Secret
Afterword
Acknowledgments
A Note on Methodology
Notes
Index
About the Author

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