The Journal reports that Raj Rajaratnam was deposed by federal authorities in 2007 in an insider-trading investigation involving “an unrelated hedge fund.” And by unrelated he means it was his brother Rengan’s fund, Sedna Capital, which was described that year by Total Alternatives as a “Galleon spin-off.” So this is why Raj argued yesterday that all that evidence the feds might’ve gathered re: insider trading at Galleon via wiretaps shouldn’t be held against him because he was already co-operating/handing over docs in the other case. Little bro’s fund closed in June 2007 supposedly due to poor performance though perhaps the matter of being investigated for fraud played a tiny part as well (the last reported returns for Sedna, in January ’07, had their domestic fund down -8.2%).
According to the Journal Reng-Raj went to work for Raj-Raj at Galleon after Sedna shut down (and before starting his own fund, worked for the King of Stamford for about 6 months in 2003). As of about a month ago, Rengan’s Linkedin profile claimed his was still working at Sedna. Perhaps he just didn’t have the time to make an update (or take down the fund’s website). No one’s accusing anyone of anything here. Also! Rengs helped finance a movie called “Today’s Special,” and has his own IMBD page, thank you very much.
sweet, they can share a cell
whats up asshats
-CG
so proud.
-mama raaratnam
is rengs as good looking as raj?
SEC=racist
is there anyone who hasn’t worked for SAC? wtf?
To much curry effects your decision making skills.
Martha Stewart
I dirty danced with both of them.
-danielle chiesi
Any chance today’s special will be regal?
-guest
I remember him at SAC. The one that got away…
-ping j
@Everyone – Racists
-Akin Gump Associate
did he work under Ping at SAC?
Which one is that? They all look alike to me (the rajaratmen, I mean).
@12 – No, but he was under Ping’s SAC.
Sweet website Reng!
Turns out Reng-Raj has a hard time gettin’ the ladies too…
“It definitely feels like there are less quality women out there,” said Rengan Rajaratnam, 31, a hedge fund analyst in New York. “I stress about it. It’s like they’ve all gone away or someone snatched them all.”
(http://www.foxnews.com/story/0,2933,41747,00.html)
@15 – “It’s like they’ve all gone away or someone snatched them all.”
…can’t blame him for thinking Raj ate them all.
@Tax Wow. Didn’t he get the memo? NYC golddiggers don’t like men that stink of curry. just sayin’
@CL – I see you are feeling feisty today. But you do have a point.
any chance they pulled an eiffel tower on danielle?
would you rather: betty liu or melissa lee?
good morning all i am hung over as fuck. apologies in advance if i double post or have grammatical errors in my posts today.
@NS – you are preemptively forgiven, but on one condition… I want to be shown the same leniency when I get tanked later this afternoon.
@naked no worries from me,but if the SEC indicts you don’t ask why
-USPS Intern
fat fucking milk dud
Was this guy was at Obama’s dinner?
Blue Horseshoe loves RTK.
Sac of shit.