by Beth Connolly on June 22, 2012
It doesn’t get much better than this for a Friday.
Recently released e-mails have been added to the evidence in an investigation into the relationship between Goldman Sachs Managing Director David Loeb and fallen Galleon Group founder and convicted insider trader, Raj Rajaratnam.
The e-mails may or may not help implicate Loeb in sharing insider information with Rajaratnam. Loeb is being investigated along with two other Goldman employees in connection with Rajaratnam’s take-down.
In an of itself, this is not super exciting. However, the contents of the e-mail correspondence is good for a chuckle or two.
Here are some highlights:
-The information proffered to Rajaratnam by Loeb was described by the latter as “tiddie biddies.”
-To Loeb, Rajaratnam was “Dr. RR” and “Big Daddie”; Loeb referred to himself as “CFB” (translation, according to those close to Loeb: “Chunky but Funky”)
Neither Goldman nor Messrs. Loeb, King and Korenberg have been accused of any wrongdoing and the investigation may not result in charges against the individuals, according to the Wall Street Journal.
However, no one can stop the rest of us at questioning Loeb’s curious cyber-terminology, including but not limited to his apparent preference for diminutive “ie” endings over “y” ones.
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Image via Bloomberg News