The Billionaire'S Apprentice: The Rise Of The Indianamerican Elite And The Fall Of The Galleon Hedge Fund

The Billionaire'S Apprentice: The Rise Of The Indianamerican Elite And The Fall Of The Galleon Hedge Fund

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Just as WASPs, IrishCatholics and Our Crowd Jews once made the ascent from immigrants to powerbrokers, it is now the IndianAmerican'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 Galleon Groupa hedge fund that managed more than $7 billion in assetsfrom criminal charges of insider trading was a sensational case that pitted prosecutor 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 selfdescribed King of Kings, Galleon's founder Raj Rajaratnam, a SriLankanborn, Whartoneducated billionaire. But the most shocking allegation was that the minence grise of Indian business, Rajat Gupta, was Rajaratnam's accomplice and mole. If not for Gupta's nosetothegrindstone rise to head up McKinsey & Co and a position on the Goldman Sachs board, men like Rajaratnam would have never made it to the top of America's moneyed elite.Author Anita Raghavan crisscrosses the globe from Wall Street boardrooms to Delhi's Indian Institute of Technology as she uncovers the secrets of this subculturean incredible tale of triumph, temptation and tragedy.

⚠️ WARNING (California Proposition 65):

This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.

For more information, please visit www.P65Warnings.ca.gov.

  • Q: What is the main focus of 'The Billionaire's Apprentice'? A: The book explores the rise of the Indian-American elite and the fall of the Galleon Hedge Fund, detailing how Indian emigres have ascended to significant positions within major corporations.
  • Q: Who is the author of this book? A: The author of 'The Billionaire's Apprentice' is Anita Raghavan.
  • Q: When was 'The Billionaire's Apprentice' published? A: The book was published on June 4, 2013.
  • Q: What type of binding does this book have? A: This book is bound in hardcover.
  • Q: How many pages does the book contain? A: 'The Billionaire's Apprentice' has a total of 512 pages.
  • Q: What are the key themes discussed in the book? A: Key themes include the ascent of Indian-Americans in the business world, insider trading scandals, and the interplay between ambition and ethics within high finance.
  • Q: Is the condition of the book new or used? A: The book is listed as being in acceptable condition.
  • Q: Can you provide a brief summary of the book's content? A: The book details the rise of prominent Indian-Americans, focusing on the Galleon hedge fund scandal, and highlights the personal stories of influential figures, including Raj Rajaratnam and Rajat Gupta.
  • Q: What category does this book fall under? A: 'The Billionaire's Apprentice' is categorized under White Collar Crime.
  • Q: What edition of the book is available? A: The available edition of the book is the first edition.

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