Tuesday, November 17, 2009

Who Is Raj Going to Take Down?

Prosecutors filed papers in federal court today saying that they and attorneys for billionaire Raj Rajaratnam and the five others charged a month ago in an insider trading case "have been engaged in, and are continuing, discussions concerning a possible disposition of these cases," according to Reuters.

This could very well mean that Raj or some of the others charged are trying to cut a deal and, in the process, will spill the beans on others.

Stay tuned.

No comments:

Post a Comment