On all 14 counts (9 counts of insider trading, 5 of conspiracy). Raj-Raj now faces up to 19.5 years in prison.
While we wait for the sentencing, wondering what took the jury so long (12 days) to come to a decision? They just didn’t want camp to come to an end.
Jurors in the Raj Rajaratnam insider-trading trial ended their 11th day of deliberations yesterday without a verdict — but with some picturesque mementos of their time together. After court ended, five jurors — including a New York City school teacher, a nurse and a graphic designer for Apple Inc. — sat in front of the fountain in Foley Square, near the Manhattan federal court where they’ve been deliberating for three weeks, and took turns snapping group photos.
With smiles aplenty, they looked like a group that really got along. While they may not have forged a consensus on the 14-count indictment, they seemed to have forged a friendship.
[NYP]
ROCKED.
I’m gonna be wanting that cocktail…FRUIT!
HOSED
Let’s get some Drudge sirens up in this bitch.
Look at the bright side, Raj, your lawyer got 21 charges knocked down to 14.
Fat fuck fried. Roll out the electric chair
You might want to ask for a Mulligan.
he should have testified on his defense. that’s where it went wrong….
agreed. At least 8 sirens.
More sirens, Bess
He’s my bitch, Nasty Nate!
what about miss piggy , what happens to her???
Just one?! C’mon Bess, don’t tease us.
That’s not good.
Well that sucks!
/Sacred Cow
Doh, bet Kimelman’s not too feeling to positive about his move yday. Now he has to take a plea of insanity…
Yeah, but what about all those legitimate years? No one ever talks about them…
He should have not traded on insider information. That’s where it really went wrong.
Let’s get Charlie to give us a Cohen mood readout now.
Exclusive footage of Raj’s near future:
http://tinyurl.com/2dbmes
Don’t worry Raj, after the daily beatings from your cellmate the infirmary gives you pain pills that are really strong.
-Sir Allen Stanford
miss piggy, call me
white man always trying to keep the brown man down
Get those BROKERS back in here! Turn those MACHINES back on!
-Duke & Duke
i think we should let raj free on no bail, maybe he’ll try to flee back to sri lanka and we’ll call it even
Buy WDC. A lot of hedge funds all over the metro NY area will be needing new hard drives.
Just make sure you don’t grab one of their legs when they are done kicking your head. That will surely set them off again.
-Guy who just read a quote in the Allen Stanford beatdown article.
thank god the jury had the decency to wait until after the robin hood do to deliver this game changing news to the hedge fund industry.
Justice was done. Another smart greedy guy gets what he deserves. Now has this judge any balls?
GS has to force out Lloyd….sorry no way dude stays after having BOD implicated
Game Blouses….
Not to mention the 3 weeks of extra freedom for Jury Deliberations
–Optimist
It was after the Galleon Group that I had planned to live like a young rajah in all the capitals of Europe—Paris, Rome, Berne…
Fond in my memory always will remain Greenwich. The mention of it makes me think of Round Hill Rd. And all she gave to me.
Ponzi scheme > insider trading. Less effort, same rewards, same eventual outcome.
- B Madoff and Sir A Stanford
Wall Street needs to go back to being a honky paradise like the 1980s
Jimmy Cayne
dark brown
Who cares. Not like he’ll actually serve any time in a Federal Pound-me-in-the-ass facility.
I wonder if there are other hedge funds in the sights of the prosecutors?
The Monarch: You shouldn’t even be alive!
Dean: Huh?
The Monarch: I put out a hit on you. Super sorry. But, you know, I’m in mother-fucking prison here. My life is fucked.
I wonder if Raj will offer to testify against guy from Goldman for leniency….
Burnt Sienna
shoulda listened to Kenny. Probably coulda folded with 5 yearsGalleon founder Raj Rajaratnam once “paid $4 million to have Kenny Rogers come to a birthday party at his house and sing his favorite song, ‘The Gambler,’ over and over again. Kenny refused to go on after a dozen times.”
He’s a white man covered in explosive diarrehea from last nights curry.
- Vikram
I think if you get sentenced to over 10 years (he is looking at 15 years plus…), you are not eligible for low security places (a la Martha Stewart)…with that kind of a sentence, sentencing rules require he be sent to a medium security prison. Those places have violent federal offenders…not just white collar types…
PIECE OF ASS, PIECE OF ASS,PIECE OF ASS,PIECE OF ASS,PIECE OF ASS……
Mr. Moneybags: Go directly to jail.
Do not
pass go,
do not collect $200
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Raj: Dad, is that you?
Will there be an accompanying hunger strike?
Sadly highly unlikely. That blubber could last for months.
There better be…>5 years=life sentence….woooooooooo!
I feel sorry for the guard that has to check his anal cavity
Sphincters are tight as a drum right now in offices all over Greenwich and the Upper East side.
That is 100% wrong. Bernie is at a NC Club Fed.
Tighter than usual?
When you think about it prison is just r&r. He’ll be fine.
JD
For under 100 million dollar sentenced up to max. 25 years. That´s not much compared to the $50 billion of Bernie. Bernie should be post-sentenced to breath fresh air in the gas chamber, that´s justice. Now he´s sitting in his cell, giving poker advice to his abusers.
Do it like Bernie!
http://www.youtube.com/watch?v=TRBLmogRL4c
Guest is correct, and there is nothing medium about medium security.
Butner has both low and medium security facilities. Madoff is in the medium security compound. Rigas happens to be in Butner low security, and apparently was sentenced to 15 years. So looks like time doesn’t matter.
it’s the good ship, galleon, when wall st has it’s rally on, when traders traid ERRBODY IN THE PLACE GETS PAID
Life is not Fair…
heck, the call $2,500 “Grand Theft…
LiLo
Guilty of being a handsome son of a bitch, maybe…..
Great color!
-GM 1984 design team
Also I’m willing to bet that even the folks in a low security Federal pen aren’t exactly the type of guys your average overweight South Asian billionaire would normally be comfortable hanging out with…
But I DID buy you… for a carton of Marlboros and a Gallon of Toilet wine… you’ll always be my bitch, Till I KILL YO ASS!
go long boost mobile, burn phones will be in high demand
Fatty Gonna Fry!
This was a litmus test for the big trial later this year
Not here. Not with my markers around.
-P.J.
% Ponzi schemers that get caught >>> % insider traders that get caught.
Not even close. Other than that I have no concerns.
Why the round face Raj?
Raj Rajaratnam is a friend of mine.
- D. Sokol
My plan to corner the curry market just backfired. What am I going to do with all this crap now?
I will say it again and again
DONT GET CAUGHT !
Bernie and Raj were both the types who got owned for good reason. They had both the opinion to be absolutely secure of prosecution.
No. That’s what the Lloyd handshake was for.
You mean big arrest?
Eat shit and die. That wasn’t the least bit funny.
Not too dissimilar to you, vickty-vicks.
I hope enjoys the medium security dick-in-his-ass!
To hell with the electric chair, push him onto the 3rd rail!
lol @ the hangover tag – very timely Bess