Galleon Group hedge fund founder Raj Rajaratnam has been found guilty on all counts in a high-profile insider trading trial. The verdict was announced Wednesday morning in New York.So far, all of these types of federal or civil cases have been either tossed or they were found not guilty.Except ole Martha Stewart of course. Raj is quite the plump person so he isn't gonna like prison at all as the food isn't what he is used to. That is IF the judge gives him a prison sentence.
A New York City jury had been considering the fate of the wealthy hedge fund boss accused of insider trading for around a week.
Rajaratnam, the founder of Galleon Group, was on trial in federal court in Manhattan on 14 counts of conspiracy and wrongdoing. He faces up to 25 years in prison.
May 11, 2011
Fund chief Rajaratnam found guilty on all counts!
It's moving day!!!!!!!!!!!!
I have purchased a domain name. I have been meticulously working on a new site,Leftwing Nutjob. Please change your bookmarks people..this puppy will no longer be updated as of July 1st 2011.