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The Galleon Group was one of the largest hedge fund management firms in the world, managing over $7 billion, before closing in October 2009. [1] The firm was the epicenter of a 2009 insider trading scandal which subsequently led to its fall.
According to the official cargo manifest, La Capitana was transporting 3.2 million pesos' worth of silver (with one peso equivalent to one ounce of silver) at the time of its wreck. However, subsequent records from merchants revealed that the galleon also carried an additional 7 million pesos in contraband silver, bringing the total to an ...
A Spanish galleon (left) firing its cannons at a Dutch warship (right). Cornelis Verbeeck, c. 1618–1620 A Spanish galleon Carracks, galleon (center/right), square rigged caravel (below), galley and fusta (galliot) depicted by D. João de Castro on the "Suez Expedition" (part of the Portuguese Armada of 72 ships sent against the Ottoman fleet anchor in Suez, Egypt, in response to its entry in ...
New artifacts have been found on the legendary Spanish galleon San Jose, with the wreckage believed to be holding treasures worth billions of dollars.
On October 16, 2009, he was arrested by the FBI for insider trading, which also caused the Galleon Group to fold. [7] He stood trial in U.S. v. Rajaratnam (09 Cr. 01184) in the United States District Court for the Southern District of New York, and on May 11, 2011, was found guilty on all 14 counts of conspiracy and securities fraud. [8]
Read more The post 14 Things From the 1950s That Could Be Worth a Ton Today appeared first on Wealth Gang. Just ask this guy who sold a 1952 Mickey Mantle baseball card for $12.6 million.
Roman Empire. In the time of antiquity, wealth was measured in the amount of land an empire controlled and the number of people it ruled. The Roman business model is proof of why.
San José was a 64-gun, three-masted galleon of the Spanish Armada de la Guardia de la Carrera de las Indias.It was launched in 1698 [1] and sank in battle off Barú Island, just south of Cartagena, Colombia, in 1708, while laden with gold, silver and emeralds worth about US$17 billion as of 2023.