Raj Rajaratnam – Founder of Galleon Group Arrested

Posted by Samron Jude on October 16th, 2009 in asia | Comments Off

51-year-old Raj Rajaratnam, the No. 551 on Forbes’ 2009 list of the world’s richest people and  billionaire head of the Galleon Group – an important New York hedge fund, – was charged with insider trading in the stocks of many  companies, such as  Hilton, Clearwire, and Google.
Transcripts of talks between a private witness for the FBI and Rajaratnam going back to 2007 disclose not only a extensive, log time  plan but that Rajaratnam could get a little irritable when things did not go the way it was planned.

51-year-old Raj Rajaratnam, the No. 551 on Forbes’ 2009 list of the world’s richest people and  billionaire head of the Galleon Group – an important New York hedge fund, – was charged with insider trading in the stocks of many  companies, such as  Hilton, Clearwire, and Google.

raj

Transcripts of talks between a private witness for the FBI and Rajaratnam going back to 2007 disclose not only a extensive, log time  plan but that Rajaratnam could get a little irritable when things did not go the way it was planned.

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