For those who think it had to have been Rajat Gupta who passed on tips to Rajaratnam. Here are the people at Goldman who have already been shown to have been leaking and are under investigation
[For background, please read this previous blog post – The Other Goldman Insider Ring]
(and this is not including figures like Hank Paulson, Lloyd Blankfein et. al, whom we all know (wink, wink) would never talk out of school to their buddies, right?
Known Goldman leakers (Wall Street Journal interactive chart)
1. Henry King (needed to be protected, for some reason, according to the wire-taps of Galleon conversations) tech expert; Galleon was his client
2. David Loeb (also leaked to other hedge funds) a managing director in New York who acted as go-between between Galleon and SEVERAL HEDGE FUNDS. Ding-a-ling folks! Loeb, lives in NY, works for Goldman, does he talk to Lloyd in New York, or does he just make finger signs (occult ones) from a distance? Does he talk to Daniel Loeb (co-ethnic) also in the same building? Hello? Hello?
3. Paul Yook (left Goldman and went to Galleon)
4. Matthew Korenberg
5. Leon Shaolov (moved from Goldman to Galleon)
Bess Levin:at the Deal Breaker
“According to the Journal senior trader Leon Shaulov (previously employed with Sagamore Hill Capital and Goldman Sachs), and not Rajaratnam, was the guy you didn’t want to cross if you came into the office without the good stuff. Shaulov would verbally abuse those who couldn’t get enough material non-public information to make a buck, which seems standard. Who doesn’t do that? What really got Leo’s goat, however, apparently had nothing to do with people slacking on fact-finding missions. What set Shaulov off was jerk-offs who brought (actual) curses on the House of Galleon.
A senior trader, Leon Shaulov, who wasn’t named in any federal charges, sometimes berated traders or analysts who couldn’t uncover enough information that could move stocks, say several current and former employees. They add that Mr. Shaulov also would sometimes shout with joy when stocks moved the right way. Nearby, Mr. Rajaratnam would listen to the commotion through the glass door to his office. Through Galleon, Mr. Shaulov declined to comment.
People familiar with the matter say one of Mr. Shaulov’s regular targets was Gary Rosenbach, who helped start Galleon with Mr. Rajaratnam. One trader says Mr. Shaulov, in front of the rest of the staff, once turned on Mr. Rosenbach, screaming, “You’re a disease, you’re a jinx.”
Which is interesting because if you want to talk jinxes or sources of bad luck? How about we talk about the fact that Mr. Shaulov probably brought the mother of all jinxes on Galleon when he got named to this list.”
6. An unnamed “Mr. X”….who is maybe one of these guys..or someone else.
So that’s your highly confidential Goldman culture. Looks like they were live-in lovers of Galleon.
Didn’t the jury get to see all this?