Larry Thornton; dived into underwater quests with passion Nov 23, 2009
Mr. Thornton, who spent four years diving to the site of the wreck of the Spanish galleon La Capitana Jesus Maria, which sunk in the waters off Ecuador in the mid-17th century and was recently involved in the search for Spanish gold and other treasures in the mines of the Caballo Mountains in New Mexico, died Nov. 11 of prostate cancer at his Hull home. He was 67. (Boston Globe)
Galleon Scandal Scorecard: Hedge Funds, Traders, Lawyers and `Octopussy' Nov 7, 2009
Galleon Scandal Scorecard: Hedge Funds, Lawyers and Octopussy - Bloomberg ... Galleon Scandal Scorecard: Hedge Funds, Lawyers and Octopussy ... Nov. 7 (Bloomberg) -- Twenty people, including Galleon Group LLC co-founder Raj Rajaratnam, have been criminally charged in what federal authorities call the biggest prosecution of alleged hedge-fund insider trading in the U.S. Prosecutors in Manhattan say they have evidence from wiretaps, trading records and cooperating witnesses to prove... (Bloomberg -- US)
Total of 20 charged in US$53mil US insider trading case Nov 6, 2009
The actions raise to 20 the number of people who have been charged in the case first disclosed last month with the arrests of Galleon Group founder and hedge fund operator Raj Rajaratnam and five others ... Goffer, 32, of Manhattan, worked at Shottenfeld Group LLC in Manhattan in 2007 and at Galleon Group for the first nine months of 2008 before he started his own trading firm, the papers said ... It said she worked for Rajaratnam at Galleon in 1999 but was fired by the company a year later for... (The Star Online, Malaysia -- Business)
Net widens in Galleon investigation Nov 6, 2009
The charges are related to the case against Galleon Group of New York, a now-defunct hedge fund. Galleon s cofounder, billionaire Raj Rajaratnam, was one of six people arrested and charged last month in connection with making $25 million from illegal trades in stocks of several companies, including Akamai ... He later worked at Galleon, leaving in August 2008 to found his own company, Incremental Capital. (Boston Globe)
The hedge 'plunder' Nov 1, 2009
Earlier this month, Raj Rajaratnam, who ran Galleon Group hedge fund, was arrested for running a $20 million insider-trading fraud. He has pleaded not guilty. (New York Post -- News)
Lawyer: NY billionnaire hedge fund manager no threat to flee charges Oct 30, 2009
Dowd said Rajaratnam has remained engaged in the business of Galleon Group, a hedge fund that has managed as much as $7 billion in assets. Dowd said Rajaratnam, a portfolio manager for Galleon, is considering ways to "wind down" the hedge fund, including the possibility that the company will be acquired by other interested parties, a move that would preserve jobs for many of Galleon's 125 employees. (USA Today -- Money)
SEC: Ponzi scheme targeted Haitians in Fla., NJ Oct 18, 2009
Raj Rajaratnam, a portfolio manager for Galleon Group, a hedge fund with up to $7 billion in assets under management, was accused of conspiring with others to use insider information to trade securities in several publicly traded companies, including Google Inc. ... Raj Rajaratnam, a portfolio manager for Galleon Group, a hedge fund with up to $7 billion in assets under management, was accused of conspiring with others to use insider information to trade securities in several publicly traded... (Fresno Bee -- Business)
Deep sea explorers object to judge recommendation Jul 22, 2009
On this latest mission, Marine Explorations Joint Venture partner, Burt Webbers Hispaniola Ventures, is returning to the Navidad Bank in search of a treasure galleon ... Among the gold and porcelain known to be carried on galleons of the time, the historic ... The dispute concerns the 200-year-old wreck of a Spanish galleon that carried thousands of silver coins and other artifacts estimated to be worth $500 million. (Fresno Bee -- Nation)
Hunting for liquid assets Jun 27, 2009
In Key West, the Fisher family -- with the help of financial investors -- owns and operates two 90-foot salvage vessels, which search for the remaining cargo of the Atocha, a Spanish galleon that sank in 1622. The family also owns the Santa Margarita, which sank in that same hurricane, with joint partner Blue Water Ventures, she said. (Florida Today)
Ruling favors Spain in battle over booty Jun 5, 2009
- Florida deep-sea explorers who raised an estimated $500 million treasure from the 200-year-old wreck of a Spanish galleon should give all the loot back to Spain, a federal magistrate judge said ... Pizzos written recommendation said the wreck is almost certainly that of the Mercedes, a navy galleon that sank in the Atlantic Ocean west of Portugal in 1804. (MSNBC -- Technology)
Shin Lim Kim alleges the leader of a church service on Aug. 11, 2008 Apr 30, 2009
The unusual $1 million case of two San Francisco artists suing the landowner who torched the 40-foot replica of a Spanish galleon which they had stored on his property could hinge on whether La Contessa is a work of recognized stature. . (Harper's Magazine)
Pensacola Doesn't Look a Day Over 450 Years Old Feb 25, 2009
In 1992, archaeologists began salvaging parts of a Spanish galleon from de Luna's doomed fleet in Pensacola Bay. Artifacts from the shipwreck, the oldest ever found in Florida waters, are on display at the T.T. Wentworth Jr. Florida State Museum in downtown Pensacola. (Fox News)
