Raj Rajaratnam, Founder of $3 Billion Galleon Group Hedge Fund, Arrested

Discussion in 'Wall St. News' started by Surdo, Oct 16, 2009.

  1. hard to believe he did this for 20 mill, there has to be more than meets the eye
     
    #71     Oct 19, 2009
  2. Give this man a cigar!!!
     
    #72     Oct 19, 2009
  3. Surdo

    Surdo

    #73     Oct 19, 2009
  4. What are you? a socialist?

    This guy is innocent until proven guilty in a court of law.

    He's a good capitalist. What do you think capitalism is?





     
    #74     Oct 19, 2009
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    #75     Oct 19, 2009
  6. Oh, now I understand what your problem is, TraderZones.

    Seeing as how you're whining about your little $5k from Velocity Futures, there's no way you would have any experience with insider trading, LOLOL! :D :D :D
     
    #76     Oct 19, 2009
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    #77     Oct 19, 2009
  8. USA saying at least 10 more arrests. This has to be RICO.
     
    #78     Oct 19, 2009
  9. Here's a one-on-one with the Galleon Informant.

    Man, she sure was a piece-of-work! :eek:

    No Honor Among Thieves
     
    #79     Oct 21, 2009
  10. To add insult to injury, Raj Rajaratnam actually lost money (net-net) on his insider trading activities!!! :p

    Oversized Betting Leads to Insider Trading Losses

    The real bitch of it is that the prosecutor isn't going to include the losses in his case against RR, because the more illegal profit and trader makes, the longer the jail sentence. :eek:

    Moral of the story: Just because it's insid information, doesn't mean that you're guaranteed a profit! :D
     
    #80     Oct 21, 2009