Wiretaps Key In Conviction Of Ex-hedge Fund Giant

NEW YORK (AP) -- Former hedge fund titan Raj Rajaratnam was convicted in an insider-trading case Wednesday thanks largely to weapons prosecutors have using against mobsters and drug lords for years: wiretaps. What that means for his former peers depends on whether it's true, as his lead attorney asserts, that what he did "happens every day on Wall Street."...

Topics:  york ap     former   raj rajaratnam   wall   street   wiretaps   fund   

 

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