Raj Rajaratnam’s Insider Trading Was Worse Than Anyone Thought


When Galleon Group founder Raj Rajaratnam woke up this morning he stood accused of making $17 million in illicit profits from insider trading that began in 2007. Thanks to federal prosecutors, when he goes to bed tonight he’ll be facing charges of reaping an additional $19 million going back to 2004. We hope he enjoyed the dwarfs and hot sauce, because the rest of his life is going to suck.

Rajaratnam Expected to Face Additional Charges [Dealbook/NYT]