November 5, 2009
Best Guess: Jailbird Edition
Much of the show today was focused on the stunning insider trading charges surrounding Raj Rajaratnam and Galleon Group. What was believed to be $20 million in profits is now $40 million. It is actually easy for me to believe that this took place, but of course the courts will have to decide if the charges are true. What I said today on the show is that rumors are rampant all the time on trading desks, and most of the time it ends up to be false information. The difficult thing to prove legally is the malicious part of ... read more


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