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More => Music, Movies, Politics, and Other Cheap Thrills => Topic started by: JimH on March 27, 2011, 06:27:27 pm

Title: Raj Wonders -- Maybe Half a Billion Would Have Been Enough
Post by: JimH on March 27, 2011, 06:27:27 pm

NEW YORK (AP) -- Jurors at a closely watched federal trial are learning that the high-stakes world of hedge funds sometimes sounded like this:

"I need to get back to basics. I'm gonna become Mr. October."

"Yeah, I love that."

And: "Hey get me a job with one of your powerful friends, man. I'm tired of this company."

Also: "Oh dude, we're f-----."

The recordings -- some crude and silly, others complex and confusing, all allegedly illegal -- are key evidence in the case against Raj Rajaratnam, the former hedge fund manager who before his arrest in 2009 made a fortune for himself and others with his mastery of the technology and other markets

Full Article on Yahoo (http://finance.yahoo.com/news/Wiretaps-captivate-NY-insider-apf-3266237223.html?x=0&sec=topStories&pos=main&asset=&ccode=)