May
2012
Friday, October 14, 2011
Greg Morcroft, Market Watch

Billionaire Rajaratnam Gets 11 years

Billionaire Raj Rajaratnam was sentenced on Thursday to eleven (11) years in prison for insider trading.

NEW YORK (MarketWatch) — Raj Rajaratnam, the founder of the Galleon Group family of hedge funds, was sentenced on Thursday to 11 years in prison for his role in a huge insider-trading case, the longest sentence handed down for the crime in U.S. history.

Posted by Editor on 10/14/11 at 06:31 AM •  (0) Comments

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