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Inside Trader Gets Record Prison Sentence of … 11 YearsPosted on Oct 13, 2011
The Wall Street Journal got our attention with Thursday’s breathless report about Raj Rajaratnam, whom the Murdochian concern dubbed “the face of the biggest trading scandal in a generation” and his newly dispensed prison sentence, “the longest-ever term handed down for an insider case.” So how long will Rajaratnam be locked up, if he’s unlucky? Answer: all of 11 years. Take that, Wall Street corruption! —KA
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By squeaky, October 14, 2011 at 10:31 am Link to this comment
(Unregistered commenter)
I find it shameful for anyone to be a billionaire when millions of people eat from trash cans everyday! Also remember, what we do in this lifetime will echo for eternity.
Report thisBy Textynn, October 14, 2011 at 8:24 am Link to this comment
(Unregistered commenter)
I guess this guy thought he was part of the white man’s club. Guess again.
Report thisBy Bacilo de Koch, October 13, 2011 at 2:19 pm Link to this comment
Insider trading is basically taking advantage of the system to make money from
the 1%. THIS they prosecute! 11 years. On the other hand, make money from the
99% and you get no repercussions.
Nice.
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