Rajaratnam Conviction Means it is Time for Some (In)Traders to Get Paid!

While Rajaratnam’s conviction after nearly two weeks of jury deliberations may have come as a surprise to some people, it was no surprise at all to those who were willing to risk some cold cash on the outcome. In fact, the Intrade line on the outcome of the trial has, for almost two weeks, pegged the chance of Rajaratnam being convicted on at least one count at no less than 94% likely.

Read more: Rajaratnam Conviction Means it is Time for Some (In)Traders to Get Paid! — Enforcement Action