Insider trading witness an extraordinary cooperator

A disgraced former McKinsey & Co partner whose testimony helped convict Wall Street giants Raj Rajaratnam and Rajat Gupta on insider trading charges deserves leniency at sentencing because his cooperation was exceptional, federal prosecutors said

In a letter to Judge Denny Chin on Monday, Manhattan federal prosecutors said that Anil Kumar’s cooperation was “nothing short of extraordinary.” Kumar, 53, is expected to be sentenced on Thursday in Manhattan federal court….

via Insider trading witness an extraordinary cooperator – Reuters