Archive for the ‘Stock Broking 101’ Category

What is Insider Trading and Does it Hurt?

By Derek On October 15, 2011 No Comments

Raj Rat Goes to Jail

Sybil Fawlty: [about Manuel's rat] Perhaps it would be best to have it put
                        to S-L-E-E-P.

Basil Fawlty: Who, him or the rat? Might get a discount if we have them both

Manuel:         ‘Spleep’?

Today Raj Rajaratnam was sentenced in New York to 11 years to be spent in a cage without a wheel after being found totally guilty on 14 counts of conspiracy and securities fraud. You may remember him as the self-made billionaire founder of hedge fund Galleon Group and whom prosecutors now refer to as “the modern face of illegal insider trading.” Raj, Sri Lankan by birth, studied engineering in the UK before moving to the US to get his Wharton MBA. He started out in the business as a loan officer at Chase Manhattan Bank where his clients were high tech companies and then moved to do research

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The Conversations

By Derek On October 11, 2011 No Comments

“Conversation is an exercise of the mind; gossip is merely an exercise of the tongue.”

So they say and I thought it would be interesting, maybe even a little enlightening, to interview the various cast of characters currently active on the Asian financial scene. The business itself is interesting enough and it tends to attract interesting people. My aim here is to give some of them a platform to talk about themselves and their careers. I hope this will give you a taste of not only how to “break in to finance” but also, what it is like working in the industry.

You can learn a lot by listening. I have found out (usually to my cost) that the more I talk the less I learn. With “Conversations,” I am trying to speak to people in different areas of the business, all of whom have years of experience. Take them as

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