Raj Rajaratnam is a Wall Street insider, fabulously wealthy, and, it turns out, an alleged criminal. Ranked in the top 600 of the world’s wealthiest billionaires by Forbes, Rajaratnam was arrested today along with 6 others “conspiring with others to use insider information to trade securities in several publicly traded companies, including Google Inc.”
I know we don’t know what is going on behind closed doors at the SEC and the FBI, but this is a good start. More like this, please.