Jurors Rehear Wiretaps at Hedge Fund Boss' Insider Trading Trial

Tuesday, April 26, 2011

A jury has asked to listen again to wiretaps played during the largest insider trading case involving hedge funds in the U.S.

The secretly recorded phone calls are between Wall Street insiders and hedge fund boss Raj Rajaratnam, who allegedly profited from making trades based on illegally obtained information. He claims the trades were based on information available to the public.

Rajaratnam, 53, has pleaded not-guilty to conspiracy and securities fraud, while 21 defendants have pleaded guilty to insider trading.

The federal jury has deliberated for two days.


With the Associated Press


More in:

News, weather, Radiolab, Brian Lehrer and more.
Get the best of WNYC in your inbox, every morning.

Comments [1]


I saw some of the transcripts from the wiretaps, it's not so slam dunk as it seems. Look at Barry Bonds and his trial. I mean, I believe Raj is guilty but it's not a sure thing. They were talking about on CNBC the other week, had Bob Anello on to discuss.

Apr. 26 2011 10:54 PM

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.


Latest Newscast




WNYC is supported by the Charles H. Revson Foundation: Because a great city needs an informed and engaged public


Supported by