For Rajaratnam, talk is not cheap

Friday, 13 May 2011 00:39 -     - {{hitsCtrl.values.hits}}

Reuters: Raj Rajaratnam might have fared better had he just shut up.

His conviction on Wednesday on all 14 counts of securities fraud and conspiracy was anchored in 46 tapped phone calls that prosecutors called “devastating” evidence of insider trading.

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