Specifically, on Aug. 15, 2008, Kumar is alleged to have told the galleon boss on his cellphone: “I think you can now just buy.”
Raj Rajaratnam, founder of the hedge fund galleon Group, pursued a Wall Street lifestyle.
Yet, as the Gupta defense contended, Gupta ended up losing $10 million with galleon.
large ship, 1520s, from Old French galion "little ship" (13c.), from Spanish galeón "galleon, armed merchant ship," from Byzantine Greek galea "galley" (see galley) + augmentative suffix -on. In English use, especially of Spanish ships involved in the American trade.