At one point, Galleon Group was one of the largest and most impressive set of hedge funds operating in the United States.  However over the past year, its founder Raj Rajaratnam has dominated the front pages of the papers for all the wrong reasons, culminating with the conclusion of his trial on allegations of insider trading – one of the most complex, interesting, and difficult legal cases to cut through the heart of Wall Street in recent memory.

Given the legal ramifications of what is assumed to be one of the largest wiretapping cases by the U.S. government against business in history, Robert Amsterdam has a piece up on Huffington Post looking into how the Galleon case could change the hedge fund industry’s future.  Excerpt: