October 18, 2009

Bad Boy!


Raj Rajaratnam, billionaire and hedgefund manager, couldn't resist the temptation to cheat. He was arrested for leading a group that traded stock with fore-knowledge. Bad boy! Rajaratnam who headed a hedgefund called Galleon - worth 350 billion dollar - is out on the street again after posting bail (100 million dollar). 5 other people were arrested as well. Just goes to show you that scum can wear expensive suits.

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