Raj Rajaratnam Indicted for Insider Trading

"You shouldn't lump all terrorists together," Sen. Clinton said in 2007. Members of the Tamils for Clinton met with former President Bill Clinton in Dec. 2007 to press their case.

Rajaratnam is also a major trustee of the American India Foundation, which is a member of the Clinton Global Initiative. President Clinton is the Foundation's honorary chair, and has publicly thanked Rajaratnam and his wife for their multi-million dollar support.

Nagaratnam Ranjithan, the President of the U.S. branch of TRO, told ABC News in 2008 that his organization has nothing to do with terrorism: "I think we got into trouble because we did so much work after the tsunami, and the Sri Lankan government was not all appreciative of it. The people are suffering because we have a few people who told us to stop."

Raj Rajaratnam's Alleged Ties To Terrorism

Ranjithan's home was raided by the FBI in 2006 because of his ties to TRO.

U.S. Attorney for Southern District of New York Preet Bharara called the hedge fund insider trading case brought by his office today, "the largest hedge fund insider trading case ever charged."

Paraphrasing Gordon Gecko, the fictional character from the 1987 film "Wall Street" by director Oliver Stone, Bharara said, "greed, sometimes, is not good."

Click Here for the Blotter Homepage.

-- This embed didnt make it to copy for story id = 9346142. -- This embed didnt make it to copy for story id = 9346142. -- This embed didnt make it to copy for story id = 9346142. -- This embed didnt make it to copy for story id = 9346142.

Page
  • 1
  • |
  • 2
Join the Discussion
You are using an outdated version of Internet Explorer. Please click here to upgrade your browser in order to comment.
blog comments powered by Disqus
 
You Might Also Like...