Thursday, April 21, 2011

The 3-Ring Legal Circus: "the largest hedge fund insider trading case ever"

April 21, 2011- The Associated Press
Lawyer pleads guilty to NYC insider trading charge

A Brooklyn, New York, lawyer admitted to taking part in what the U.S. says is one of three Galleon Group LLC insider-trading rings.

According to Wikipedia (today), Federal Election Commission records indicate Rajaratnam made over $75,000 in political contributions in the past five years. He has also contributed to the Democratic National Committee and various campaigns on behalf of Hillary Rodham Clinton, Charles Schumer, and Robert Menendez.

Details here.

Submarines are always silent and strange.



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