It’s not easy to beat the market…
“Billionaire hedge fund manager Raj Rajaratnam has been found guilty on all 14 charges of insider trading, conspiracy and securities fraud. The government says the former head of Galleon Group netted over $63 million in gains on trades based on inside information.
Rajaratnam, who is expected to appeal, faces up to 19.5 years in prison. Sentencing is schedule for July 29.”
Rajaratnam Guilty of Insider Trading: Chilling Effect or Business as Usual? - Yahoo! Finance
