Raj Rajaratnam Is Headed to the Slammer on Monday

By

This afternoon, Raj Rajaratnam lost his bid to stay out of jail while appealing his conviction for insider trading after a judge tagged him as a "flight risk," perhaps tempted to flee to Sri Lanka, where the former Galleon Group head was born.  He'll report to a Massachusetts federal penitentiary on Monday, one specially selected to accommodate his diabetes-related health needs.