Raj Rajaratnam, the authorities say, masterminded one of the biggest insider-trading schemes in a generation.
But if Mr. Rajaratnam was trading on insider information, apparently he was not very good at it.
A close examination of the trades that led to his arrest last week reveals a startling fact: In all, Mr. Rajaratnam lost millions from what prosecutors characterize as illegal trading.
Wednesday, October 21, 2009
Insider Trading Loss
More on Raj Rajaratnam's alleged insider trading scheme: the alleged scheme produced a net loss for defendants (from NYT):
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