Just as WASPs, Irish-Catholics and "Our Crowd" Jews once made the ascent from immigrants to power brokers, it is now the Indian-American's turn. Citigroup, PepsiCo and Mastercard are just a handful of the Fortune 500 companies led by a group known as the "Twice Blessed." Yet little is known about how these Indian emigres (and children of emigres) rose through the ranks until now.
When The Galleon Group, one of the world's largest hedge funds, was brought down by an insider trading scandal in 2009, the convictions of the fund's founder, Raj Rajaratnam, and his accomplice, Rajat Gupta, transformed them overnight from Horatio Alger immigrant success stories to Shakespearean tragedies. Wall Street was shocked, the government cracked down harder than ever, and the Indian American community felt betrayed and humiliated that Gupta, the eminence grisť of Indian business, had fallen from grace. More information on event