Of course what immediately jumps out is that it's an American who was born in Sri Lanka. The amount in question is pretty substantial for most of us though in the big picture, is chump change. Amazing how the authorities go after someone who isn't white skinned and working for one of the big names on Wall Street. It's always more of the same and protecting the same old crowd. Ignore the hundreds of millions the big guns paid each other on bogus business and look at the non-white guys who allegedly swindled $25 million. There's nothing quite like the old boy network and saps who believe in this rotted, corrupt system.
One of America's wealthiest men was among six hedge fund managers and corporate executives arrested Friday in a hedge fund insider trading case that prosecutors say generated more than $25 million in illegal profits and should be a wake-up call for Wall Street.
Raj Rajaratnam, a partner in Galleon Management and a portfolio manager for Galleon Group, a hedge fund with up to $7 billion in assets under management, was accused of conspiring with others to trade based on insider information about several publicly traded companies, including Google Inc.
