Download The Billionaire's Apprentice: The Rise of the Indian-American Elite and the Fall of the Galleon Hedge Fund AudioBook Free
Equally as WASPs, Irish-Catholics, and Our Group Jews once made the ascent from immigrants to powerbrokers, it is currently the Indian-American's flip. Citigroup, PepsiCo, and Mastercard are simply a handful of the Fortune 500 companies led by an organization known as the "Twice Blessed". Yet little is known about how these Indian émigrés (and children of émigrés) rose through the rates. Until now... The collapse of the Galleon Group - a hedge finance that monitored more than $7 billion in belongings - from criminal charges of insider trading was a sensational circumstance that pitted prosecutor Preet Bharara, himself the child of Indian immigrants, contrary to the best and brightest of the South Asian business community. At the center of the circumstance was self-described Ruler of Kings, Galleon's founder Raj Rajaratnam, a Sri-Lankan-born, Wharton-educated billionaire. But the most surprising allegation was that the éminence grise of Indian business, Rajat Gupta, was Rajaratnam's accomplice and mole. If not for Gupta's nose-to-the-grindstone climb to brain up McKinsey & Co and a position on the Goldman Sachs plank, men like Rajaratnam would have never managed to get to the very best of America's moneyed elite. Publisher Anita Raghavan crisscrosses the world from Wall Block boardrooms to Delhi's Indian Institute of Technology as she uncovers the secrets of this subculture - an unbelievable tale of triumph, enticement and tragedy.