That's such a sweet picture, if that was me it'd be my new facebook photo.
Raj Rajaratnam is a portfolio manager for the Galleon Group, one of the largest hedge funds in the country, as well as one of the richest men in America. He's also accused of insider trading.
Rajaratnam is accused with 7 others of generating $25 million in profit by using insider information to trade securities in several companies including Google. This is illegal. His bail is set at $100 million which seems excessive until you realize that he's the 599th richest person in America according to Forbes with an estimated net worth of $1.3 billion. To put this into perspective for you; 1.3 billion American Dollars is equivalent to 23,140,208,000,000 Vietnamese Dongs. You don't need me to tell you that that's a lot of Dongs. Not only is Rajaratnam accused of insider trading but he's also under investigation for bankrolling the Tamil Tigers, the notorious Sri Lankan softball team, through a fake charity organization.
Adding a bit of international flavor to these affairs is U.S. attorney Preet Bharara who called Rajaratnam a race traitor and said, "greed is not good, this case should be a wake up call for Wall Street." Just some words to live by from Bharararararararara-ji.
As an aside...I can't quit you Biharishabab!
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