Latest Galleon Charges Another Sign of SEC’s Focus on Insider Trading
While the Feds go after yet another participant in the ring led by Raj Rajaratnam, critics wonder why there’s been so much less attention on mortgage securities fraud.
Stephen Taub
February 10, 2012
Raj Rajaratnam, co-founder of Galleon Group LLC, right, exits federal court with his attorney Terence Lynam in New York, U.S., on Thursday, Oct. 13, 2011. Rajaratnam was sentenced to 11 years in prison, one of the longest terms ever for insider trading, though less than half of the maximum sought by the government. Photographer: Peter Foley/Bloomberg *** Local Caption *** Raj Rajaratnam; Terence Lynam
Peter Foley/Bloomberg
