Rajaratnam

Small Problem For Convicted Billionaire: $92.8 Million Penalty

Submitted by Steven Meyerowitz on Wed, 11/09/2011 - 6:19am

The big news about hedge fund billionaire Raj Rajaratnam recently has been his conviction for insider trading  and the record prison term to which he was sentenced. 

Bharara On Rajaratnam Sentencing: No ‘Free Pass To Pursue Profit Through Corrupt Means’

Submitted by Steven Meyerowitz on Thu, 10/13/2011 - 12:49pm

During the Rajaratnam sentencing earlier today, Judge Holwell said that insider trading “is an assault on our free markets,” and that “the crimes and scope of the crimes [committed by Rajaratnam] reflect a virus in our business culture that needs to be eradicated.” Manhattan U.S. Attorney Preet Bharara also has some interesting thoughts on Rajaratnam’s 11 year prison sentence: 

Rajaratnam Sentence Is Longest Ever For Insider Trading

Submitted by Steven Meyerowitz on Thu, 10/13/2011 - 10:56am

Hedge fund billionaire, and convicted insider trader, Raj Rajaratnam has received the longest prison sentence ever imposed on an individual convicted of insider trading. 

11 Years For Rajaratnam - Longest Insider Trading Sentence Ever

Submitted by Steven Meyerowitz on Thu, 10/13/2011 - 10:46am

Rajaratnam’s Prison Sentence: Long, Or Very Long?

Submitted by Steven Meyerowitz on Thu, 05/12/2011 - 2:16pm

There seems to be no doubt, as we wrote earlier today, that the billionaire hedge fund exec Raj Rajaratnam, now also a convicted insider trader, is bound for prison. (Billionaire Bound For Prison: Rajaratnam Guilty Of Insi

Reaction Pours In To Rajaratnam Guilty Verdict

Submitted by Steven Meyerowitz on Thu, 05/12/2011 - 5:15am

A lot of people have a lot to say about the jury verdict finding hedge fund billionaire Raj Rajaratnam guilty of insider trading.

Dowd’s Comment On Rajaratnam Guilty Verdict

Submitted by Steven Meyerowitz on Thu, 05/12/2011 - 4:41am

Raj Rajaratnam’s attorney, mega-star John Dowd, issued a much briefer statement following Rajaratnam’s conviction on insider trading charges than U.S. Attorney Preet Bharara did. Here’s what Dowd (pictured) had to say: 

Billionaire Bound For Prison: Rajaratnam Guilty Of Insider Trading

Submitted by Steven Meyerowitz on Thu, 05/12/2011 - 4:34am

There is a lot to say and think about following the conviction of hedge fund billionaire Raj Rajaratnam (pictured) on 14 counts for insider trading in companies including Goldman Sachs, Clearwire, Akamai, AMD, Intel, Polycom, and PeopleSupport. 

Another Big Day For Raj Rajaratnam Lawyer John Dowd

Submitted by Steven Meyerowitz on Tue, 03/08/2011 - 6:48am

As the long-awaited criminal trial of hedge fund billionaire Raj R

Ex-Goldman Board Member Charged With Insider Trading

Submitted by Steven Meyerowitz on Tue, 03/01/2011 - 1:50pm

The Securities and Exchange Commission has brought insider trading charges against a Westport, Conn.-based business consultant who has served on the boards of directors at Goldman Sachs and Procter & Gamble for allegedly tipping Galleon Management founder and hedge fund manager Raj Rajaratnam with inside information about the quarterly earnings at both firms as well as an impending $5 billion investment by Berkshire Hathaway in Goldman. 

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