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aladin61

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aladin61

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Monday, 10/24/2011 1:48:55 PM

Monday, October 24, 2011 1:48:55 PM

Post# of 733984
Rajaratnam: U.S. pushed to turn on friend - report
NEW YORK | Mon Oct 24, 2011 9:08pm IST
(Reuters) - Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend, former Goldman Sachs director Rajat Gupta, The Daily Beast online newspaper reported.
In his first interview about his case, Rajaratnam was quoted as saying that he was initially asked on the day of his Oct. 16, 2009 arrest to "wear a wire" and record conversations with Gupta, also a longtime global head of elite consultancy, McKinsey & Co.
http://in.reuters.com/article/2011/10/24/idINIndia-60094620111024
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