PREVIEW: #WALLSTREET: Excerpt from a conversation with Wall Street executive Raj Rajaratnam, who served many years in Federal rison for insider trading and here comments on why he wrote this book after leaving jail, and what he looks to achieve -- clairty
Apr 07, 01:30 PM
PREVIEW: #WALLSTREET: Excerpt from a conversation with Wall Street executive Raj Rajaratnam, who served many years in Federal prison for insider trading and here comments on why he wrote this book after leaving jail, and what he looks to achieve -- clairty about insider trading rules. More later.
1929 Wall Street during the crash.
Uneven Justice: The Plot to Sink Galleon, by Raj Rajaratnam
https://www.amazon.com/Uneven-Justice-Plot-Sink-Galleon/dp/1637582811/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=&sr=
Raj Rajaratnam, the respected founder of the iconic hedge fund Galleon Group, which managed $7 billion and employed 180 people in its heyday, chose to go to trial rather than concede to a false narrative concocted by ambitious prosecutors looking for a scapegoat for the 2008 financial crisis. Naively, perhaps, Rajaratnam had expected to get a fair hearing in court. As an immigrant who had achieved tremendous success in his adopted country, he trusted the system. He had not anticipated prosecutorial overreach—inspired by political ambition—FBI fabrications, judicial compliance, and lies told under oath by cooperating witnesses. In the end, Rajaratnam was convicted and sentenced to eleven years in prison. He served seven and a half.
1929 Wall Street during the crash.
Uneven Justice: The Plot to Sink Galleon, by Raj Rajaratnam
https://www.amazon.com/Uneven-Justice-Plot-Sink-Galleon/dp/1637582811/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=&sr=
Raj Rajaratnam, the respected founder of the iconic hedge fund Galleon Group, which managed $7 billion and employed 180 people in its heyday, chose to go to trial rather than concede to a false narrative concocted by ambitious prosecutors looking for a scapegoat for the 2008 financial crisis. Naively, perhaps, Rajaratnam had expected to get a fair hearing in court. As an immigrant who had achieved tremendous success in his adopted country, he trusted the system. He had not anticipated prosecutorial overreach—inspired by political ambition—FBI fabrications, judicial compliance, and lies told under oath by cooperating witnesses. In the end, Rajaratnam was convicted and sentenced to eleven years in prison. He served seven and a half.