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Rajaratnam Sought to ‘Conquer’ Wall Street, U.S. Tells Jurors

Raj Rajaratnam, the Galleon Group LLC co-founder accused at trial of insider trading, sought to “conquer” Wall Street by corrupting friends and employees of his hedge fund, a prosecutor told jurors.

Assistant U.S. Attorney Reed Brodsky, in closing arguments yesterday in Manhattan federal court, said Rajaratnam was guilty of more than just insider trading: He was a corrupter of others.