Raj Rajaratnam and Rachel Uchitel Are Upset About Being Taken Out of Context


Two cautionary tales about the dangers of taking electronic communication at face value today: First of all, Galleon Group co-founder Raj Rajaratnam was so not talking about insider trading of Advanced Micro Devices during the following instant-message conversation with an RBC Capital Markets analyst:

“AMD on August 1st, now 13th,” Rajaratnam wrote in an Aug. 2, 2006, instant message sent to an RBC Capital Markets analyst. The analyst responded: “Hey, for the tickets have to choose package B?”

He was talking about cricket, he explained to prosecutors.

“We had to choose whether you wanted to follow India or Sri Lanka and we were having that discussion,” said Rajaratnam, a Sri Lanka native. "India's itinerary for the World Cup was package B."


Second, Rachel Uchitel was not encouraging David Boreanaz to leave his wife when she sent him the following text:

"Just (bleeping) go and be with her ... I need you here so we can be together."

True, her lawyer Gloria Allred says, she believed he was unhappy in his marriage and had reason to believe that he intended to separate from his wife, but the idea that it was something that she desired is outrageous. "I am deeply hurt and offended that anyone would think that I wanted to break up his family," Uchitel told Us. "Nothing could be further from the truth." God, it's so unfair when people take things out of context.

Rajaratnam Says Cricket, Not Crime, Was on His Mind [Bloomberg]
Rachel Uchitel: I Never "Wanted to Break Up" David Boreanaz's Family [Us]