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A hedge fund manager with the right friends

Decan Herald – Raj Rajaratnam, a billionaire investor, once ran the Galleon group, which became one of the world’s largest hedge funds.

On May 11, 2011, he was found guilty of fraud and conspiracy, becoming the most prominent figure convicted in the government’s crackdown on insider trading on Wall Street. After deliberating for over two weeks, a federal jury in Manhattan convicted Rajaratnam on all 14 counts against him.

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