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Browse: Home / 2022 / July / 18 / Raj Rajaratnam Is Out of Jail and Hunting for His Next Big Trade – Bloomberg

Raj Rajaratnam Is Out of Jail and Hunting for His Next Big Trade – Bloomberg

By Securities Docket on July 18, 2022, 8:34 am

…To hear Rajaratnam tell it, Bharara used the power of his office to win at all costs and advance his own career. He mentions Bharara 325 times in his 333-page book.

Bharara today says he doesn’t care what Rajaratnam thinks. In an email, the former prosecutor called the hedge funder he put away possibly “the least sympathetic defendant ever.”

Says Bharara: “Raj Rajaratnam was a privileged billionaire who engaged in massive insider trading, and there was an avalanche of evidence to prove it.” Bharara pointed to Rajaratnam’s failure to win over jurors and judges, despite an aggressive and costly defense.

“Whatever fairy tales he may now tell to rehabilitate his reputation or settle scores or peddle his book, Raj Rajaratnam was and is guilty. Period,” wrote Bharara, who was fired by Donald Trump in 2017.

Source: Raj Rajaratnam Is Out of Jail and Hunting for His Next Big Trade – Bloomberg

Posted in Criminal, Top | Tagged Raj Rajaratnam

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