Wednesday, January 19, 2011

Danielle Chiesi Pleads Guilty in Galleon Case

NEW YORK - DECEMBER 21:  Danielle Chiesi, an e...Image by Getty Images via @daylifeBreaking news: This morning, Danielle Chiesi, a central figure in the Galleon insider trading case, pleaded guilty this morning in a New York court, according to NY Times Dealbook.

Chiesi's change of plea comes just weeks before Raj Rajaratnam, the alleged ringleader of the trading ring, begins his trial. Until now she has maintained her innocence, despite guilty pleas by Bob Moffat and others who named her as the informant they provided information to.

My thoughts? Wise decision, Danielle. What do you think?

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