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Feds: New charges pending against Rajaratnam
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The Academic
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Post Feds: New charges pending against Rajaratnam 
AP,  Tue Jan  5 20:16:40 EST 2010

    NEW YORK - Federal prosecutors said Tuesday they will file new charges against billionaire Sri Lankan-born hedge fund operator Raj Rajaratnam alleging he made at least $36 million from trades based on insider information, double what the government previously believed.

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Amarakoon
Joined: 27 Sep 2005
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Post Flee.... Where? 
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Prosecutors said they still believe Rajaratnam should be detained without bail because he is likely to flee the country because of the substantial jail time he could face after he was indicted last month on 11 felony counts of conspiracy and insider trading.


Flee where?  Norway or Sri Lanka Question
Wed Jan 06, 2010 11:03 am View user's profile Send private message
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The Lanka Academic Forum Index » Discuss News Articles » Feds: New charges pending against Rajaratnam

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