As previously mentioned, the jury on the Raj Rajaratnam insider trading trial are expected to begin deliberating today. While the Galleon founder is, of course, innocent until prove guilty, much of the evidence brought by the prosecution has made him look not so good, including but not limited to recordings of Raj complimenting Danielle Chiesi on how she “played” a tech exec into giving her material non-public information and one of him telling a friend he knew to buy shares of a company because “one of our guys is on the board,” as well as testimony from former McKinsey exec, Anil Kumar, that Raj paid him $1 million for his tip about AMD’s acquisition of ATI and the previously undisclosed fact that the defense’s big witness, Richard Schutte, was gifted with a $15 million investment in his hedge fund by the Rajaratnam family two weeks prior to speaking glowingly of Raj.
Having said that, Raj's lead attorney, John Dowd, knows the men and women of the jury will be 'fair' (i.e. find his client not guilty), because 1. Every witness brought by the prosecution is a liar, especially that Anil Kumar guy and 2. He wouldn't have picked them if they weren't so awesome.
The Crucial Question For The Rajaratnam Jury [Dealbook]