IT SOUNDS LIKE RAJ RAJARATNAM REALLY SHOT HIMSELF IN THE FOOT

Raj Rajaratnam, the billionaire hedge fund manager who was convicted of insider trading in May, is fighting to lower his estimated prison sentence, 12 to 24.5 years.

But it might be counter-productive.

Prosecutors say that what Rajaratnam said in an interview with a court probation officer who’s proposing what his sentence should be to the judge “[reflects] a serious disregard for the law” and warrants a harsher sentence. They’re seeking 19.5 to 24.5 years.

Click the link below to see what he said.

http://www.businessinsider.com/raj-rajaratnam-defends-insider-trading-2011-9

 

http://www.businessinsider.com/raj-rajaratnam-billionaire-2011-5#summer-circa-2000-raj-vacations-with-his-wife-and-kids-in-saratoga-springs-1

Best Regards,

FINANCIAL WARRIOR