Raj Rajaratnam, of Galleon Capital, guilty of insider trading | PRI.ORG

Raj Rajaratnam, of Galleon Capital, guilty of insider trading

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Photo of Wall Street (Image by Flickr user Raj Rajaratnam (cc:by))

The federal government used tactics usually reserved for organized crime to catch Raj Rajaratnam, hedge fund billionaire of Galleon Capital, in an insider-trading scheme.


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Raj Rajaratnam, cofounder of the hedge fund Galleon Capital, was caught on wiretap talking about insider trading information. Wall Street and finance reporter Louise Story listens to some of the wiretapped phone calls and talks about what they mean.

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"The Takeaway" is a national morning news program, delivering the news and analysis you need to catch up, start your day, and prepare for what's ahead. The show is a co-production of WNYC and PRI, in editorial collaboration with the BBC, The New York Times Radio, and WGBH.

Found in:   The Takeaway   crime/conflict   business & economy   law   John Hockenberry   Celeste Headlee
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