Raj Rajaratnam's Handlers Think Articles About Alleged Insider Trading Make Him Sound Bad Because Reporters Are Trying To Get In Good With The Government

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Keeping watch over the 20 or so journalists reporting on Rajaratnam’s trial is Jim McCarthy, who handles the defendant’s media relations. McCarthy, the founder of New York-based CounterPoint Strategies LLC, isn’t shy about his views of the coverage. “Some of the coverage has been” -- he paused for five seconds as he considered his words -- “distorted and irresponsible,” McCarthy said in an interview yesterday. He’s particularly critical of some reporters and news organizations who he claims “have been slanting their coverage” in hopes of “gaining favor with the government,” he said. [Bloomberg]

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