Rajaratnam ‘Corrupted’ Friends, Employees, Prosecutor Says
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Raj Rajaratnam corrupted friends and employees of his hedge fund to “conquer” Wall Street, a prosecutor told jurors in his summation at the insider-trading trial of the Galleon Group LLC co-founder.
Assistant U.S. Attorney Reed Brodsky told jurors in Manhattan federal court today that Rajaratnam was guilty of more than just insider trading: He was a corrupter of others.