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Rajaratnam pleads not guilty
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<blockquote data-quote="lkdood" data-source="post: 6165788" data-attributes="member: 92282"><p><strong>Wealthy hedge fund operator Raj Rajaratnam (RAHJ rah-juh-RUHT'-nuhm) has pleaded not guilty to charges in a huge insider trading case.</strong></p><p><strong></strong></p><p><strong></strong><strong>He entered the plea Monday to charges in an indictment returned last week.</strong></p><p><strong>Prosecutors say Rajaratnam played a key role in a $52 million insider trading case that has resulted in charges against 21 people.</strong></p><p></p><p><strong>Rajaratnam, one of America's wealthiest men, declined comment after the court appearance. He remains free on $100 million bail.</strong></p><p></p><p><strong>Prosecutors say they'll turn over 100 hours of intercepted phone calls to attorneys for the defendants this week.</strong></p><p></p><p><a href="http://www.google.com/hostednews/ap/article/ALeqM5gHV4PvHuieW6fGXdnZQ3CvXas6tQD9CNRHK00" target="_blank">AP</a></p><p></p><p><strong></strong></p><p><strong>in September 2009 Forbes Magazine reported Raj's Net Worth as $1.5 Billion(1,500,000,000) / Sri Lanka Rs. 171 Billion (171,600,000,000) making him the richest Sri Lankan</strong></p><p><strong></strong></p><p><strong><img src="http://images.forbes.com/media/lists/54/2009/raj-rajaratnam.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></strong></p><p><strong></strong></p></blockquote><p></p>
[QUOTE="lkdood, post: 6165788, member: 92282"] [B]Wealthy hedge fund operator Raj Rajaratnam (RAHJ rah-juh-RUHT'-nuhm) has pleaded not guilty to charges in a huge insider trading case. [/B][B]He entered the plea Monday to charges in an indictment returned last week.[/B] [B]Prosecutors say Rajaratnam played a key role in a $52 million insider trading case that has resulted in charges against 21 people.[/B] [B]Rajaratnam, one of America's wealthiest men, declined comment after the court appearance. He remains free on $100 million bail.[/B] [B]Prosecutors say they'll turn over 100 hours of intercepted phone calls to attorneys for the defendants this week.[/B] [URL="http://www.google.com/hostednews/ap/article/ALeqM5gHV4PvHuieW6fGXdnZQ3CvXas6tQD9CNRHK00"]AP[/URL] [B] in September 2009 Forbes Magazine reported Raj's Net Worth as $1.5 Billion(1,500,000,000) / Sri Lanka Rs. 171 Billion (171,600,000,000) making him the richest Sri Lankan [IMG]http://images.forbes.com/media/lists/54/2009/raj-rajaratnam.jpg[/IMG] [/B] [/QUOTE]
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