WSJ: Raj Rajaratnam Is Alleged Insider Trader, Confirmed Catty Bitch

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And this bitch be talking shit.

In a lower Manhattan courtroom, prosecutors have played a series of secretly taped telephone conversations, made by the Federal Bureau of Investigation, in the insider-trading trial of Galleon Group founder Raj Rajaratnam. The tapes focus on hedge-fund managers and others passing along allegedly hot market tips. But in a Wall Street version of WikiLeaks, the tapes also have revealed what some of capitalism's chieftains have been saying about their colleagues and associates behind their backs. It isn't pretty...During a July 29, 2008, call, Messrs. Rajaratnam and Gupta deride Mr. Kumar's aptitude for doing investment deals. "I'm getting a feeling that he's trying to, just...be a mini-Rajat, right?" Mr. Rajaratnam says on the tape. "Without bringing anything new to the party, right?" "Yeah, yeah," says Mr. Gupta, who previously oversaw Mr. Kumar as managing director at McKinsey. "Honestly, Rajat, I'm giving him a million dollars a year for doing literally nothing," Mr. Rajaratnam tells Mr. Gupta on the July 2008 call.

Oh no he di'int!

Calling Miss Manners: Tapes In Galleon Show Snark [WSJ]

Related: Raj Rajaratnam Trash Talked One Tipster To Another, Who Got To Hear It In Court Today

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