The Billionaires Apprentice, Anita Raghavan
The Billionaires Apprentice, Anita Raghavan
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The Billionaire's Apprentice
The Rise of The Indian-American Elite and The Fall of The Galleon Hedge Fund

Author: Anita Raghavan

Narrator: Dan Woren

Unabridged: 16 hr 33 min

Format: Digital Audiobook Download

Publisher: Business Plus

Published: 06/04/2013


Synopsis

Just as WASPs, Irish-Catholics and Our Crowd Jews once made the ascent from immigrants to powerbrokers, it is now the Indian-American'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 Group--a hedge fund that managed more than $7 billion in assets--from 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 self-described King of Kings, Galleon's founder Raj Rajaratnam, a Sri-Lankan-born, Wharton-educated billionaire. But the most shocking 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 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 criss-crosses the globe from Wall Street boardrooms to Delhi's Indian Institute of Technology as she uncovers the secrets of this subculture--an incredible tale of triumph, temptation and tragedy.


Reviews

Goodreads review by Athan on November 11, 2016

"Barbarians" summed up the junk bond era (and remains my favorite business book ever), "When Genius Failed" summed up the bondarb era. A movie (Startup.com) actually summed up the Internet era. "The Smartest Guys in the Room" (which, shame on me, I've yet to read) summed up the creative accounting e......more

Goodreads review by Pallavi on March 01, 2015

I had been wanting to read The Billionaire’s Apprentice for quite a long time. Like many others, I, too, was shocked when the news of Rajat Gupta’s conviction in insider trading was announced by a US Court. What only added fuel to the fire was the fact that two Indian immigrants Preet Bharara and Sa......more

Goodreads review by Arun on June 20, 2019

The one topic that this book stressed upon was how much of a presence greed holds in the life of human beings. History (real and fictional) tells us of the lives of men and women who spent their entire lives chasing the ephemeral trappings of wealth and power, never to be satisfied with whatever the......more

Goodreads review by Rohit on June 21, 2022

This is a fabulous account of the insider trading scandal which rocked America, the South Asian diaspora in the US, and Indians who looked upto Rajat Gupta as an icon who had achieved fame and reputation in the business world heading one of the big four consultancy firms, McKinsey & Co. It chronicle......more

Goodreads review by Brajesh on October 13, 2013

With a fast paced narrative, author has covered the entire investigation as well as personal profile of all the key players involved in Galleon trial. At the end, the reader is left with a mixed feeling. There are reasons to be proud of the American meritocracy that makes it possible for Indian Amer......more