Danielle Chiesi New Castle Partners Wire Taps!

Here are excepts of wire taps of Danielle Chiesi New Castle Partners. Danielle Chiesi was arrested today along with five others as part of the alleged $20 million insider trading scandal.
The taps reportedly include the following Chiesi exchange:
Raj Rajaratnam: “I think you should buy and sell, and buy and sell.”
Akamai executive: “Danielle, I have a major present for you.”
Danielle Chiesi reportedly asks what the executive is talking about.
Akamai executive: “Information”.
Chiesi: “Well that, that is a great present.”
Chiesi: “Akamai…. I’m trading it tomorrow.. They’re gonna
guide down. I just got a call from my guy … I was talking
about the family and everything, and then he said people think
it’s gonna go to 25 (dollars per share). They print on
Wednesday.”
Rajaratnam: “You got a few more days, Friday, Monday …”
Chiesi: “Just keep shorting every day. We got a lot of days.”
Rajiv Goel, Anil Kumar, Danielle Chiesi, Mark Kurland, and Robert Moffat were arrested today in the Galleon Group Hedge Fund alleged insider trading scandal.
Reports state the second complaint accuses “Danielle Chiesi, Mark Kurland and Robert Moffat — of securities fraud and conspiracy to commit insider trading.”
For continuing coverage on LALATE click here: http://news.lalate.com/category/money.

Money

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on October 17th, 2009 at 12:11 am
Danielle Chiesi New Castle Partners Wire Taps! http://bit.ly/YFTIZ