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Insider charges for billionaire

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Uploaded by on Oct 16, 2009

Galleon hedge fund partner and billionaire Raj Rajaratnam as well as 5 others are arrested on charges of securities fraud and insider trading.

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  • @rajeshraman1980 I worked for that securities fraud section you see standing there at the SDNY US Atty's Office and yes, Wall St knuckleheads commit this kind of insider trading fraud all the time. Even doing it for 1mil. They think they're so smart that the smaller the sum no one will ever notice. A quick in and out of client stocks or temporary embezzled funds. Also, their defense lawyers are always no damn good and ill-prepared. The SDNY blows them out of the water by over kill. BTW, Hi Rob!

  • this guy is a terrorist financier

  • inside or outside trading is all the same , whole system is a fraud .

  • would a fund manager managing around 4 billion rsik his repuattion for just 20 million ?that is not even 1% return ....hmmmmm

  • Tamil Eelam

  • He is a Tamil Terrorist !

  • 20 mil? that's peanuts!

  • Been there, Done that

  • Hey guys! Do away with smoke and mirrors stock fraud and we'll have no GDP left.

  • They should arrest the founders of all Indian Consulting companies in USA for Fraud.

    ONE DOWN. MORE COMING SOON !!

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