raj raj raj

Raj Rajaratnam Is Headed to the Slammer on Monday

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.

Raj Rajaratnam Is Headed to the Slammer