Watch CNBC's full interview with Galleon Group's Raj Rajaratnam
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- Опубліковано 13 чер 2024
- Raj Rajaratnam, founder of Galleon Group, sits down with CNBC in his first interview since being released from prison two years ago to discuss his new book ‘Uneven Justice: The Plot to Sink Galleon.’ In the book, Rajaratnam writes that "the entire investment business should be declared illegal" if he's guilty. Rajaratnam explains what he meant by that quote and provides other insights to CNBC. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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If he went to prison, then 15-20% (perhaps a lot higher? ) of our congress should be given prison time too, for insider trading
95-99%
True they all have higher returns than everyone
Only the small criminals go to jail. -Russian proverb
Absolutely
@@razzlekhan292 100%
Thank you from Australian Tamils and Tamil Eelam Tamils ✊🏽✊🏽✊🏽🙏🏽🙏🏽🙏🏽
The way he articulates things are awesome. Need to buy the book
@Ed Everything is a scam, the key is walking a fine line and not go over the edge to jeopardize yourself. If you call him a crook what would you call a car dealer.
its a really great book
I still remember Anderson cooper showing 23 people guilty in 2008 sub prime crisis and Honestly not even a single one went to prison!. So much for justice in this country!. You got to be in the club.
certain people with certain haptoglobin subtypes will always be "exceptional"
@@VelMurugan-qb1xq the complexion for the protection
Not the same the others know the system how's work powerful people
Just because there was a crisis doesn’t mean there was criminality. Look at how much Covid has ruined lives. You want a scalp, but maybe it’s just incompetence.
@@markislivingdeliberately you still believe it
Raj Rajaratnam was the scapegoat. Simple as that. They went after the guy who received the tip but not the original source of the tip.
Source of the tip came from my behind
If you listen carefully, both him and Rajat were advised by their lawyers not to testify. So there must be something completely wrong with the Lawyers, they got paid but didn’t advised their clients to testify. Mostly because maybe they didn’t want to do the necessary work involved in preparing your client to testify.
This man has given more to charities and helped people more than the US government is doing right now.
Look at congress, 74 congress members were involved in insider trading and not one of them is going to jail. The entire government is corrupt, and worst of this is if you are not white, expect a severe punishment
So very true
@@Brisco1 yeah what is common might not be the right thing to do. It’s unfair to shut up instead of taking a chance to explain one’s side of the story. Many people are in jail because they chose to shut up.
It’s quite simple, most lawyers are lazy
Yes he is the only one got 11 years jail. It’s a record sentence.
Considering how poorly Raj interviews I am not surprised
Martha Stewart is White, and got prison time
Steve Cohen did the same but he didn't go to jail, laws are different for certain people
@Si Habte remember mathew martoma went to jail they made him scape goat too
For Pajeet, rules are different.
Cohen knows how not to get his hand dirty
@@pankajpatel8490 who is pajeet?
Oh yeah Martha Stewart did what 1 month jail?
I am an attorney who has handled securities fraud and a multitude of other types of financial criminal matters. It is rare to see a journalist handle a difficult interview in such a complex case with such balance, fairness, and integrity. Precisely the right questions asked; precisely the right degree of follow-up; and precisely the right measure of skepticism of both sides to promote the public's interest in getting to the truth. I was very impressed by the skill in questioning and the way facts were drawn out during the questioning. I learned a great deal about the overall situation as a result. Thank goodness for some few remaining fair pressers.
Please, there are plenty of other "fair pressers" left. Check your own political biases.
@jphilly819 , or Trump? Just saying!
We love you Mark. What a legend
My take is his handlers had agreed to the interviewee controlling the narrative in exchange for the first interview. The narrative being to clean my record, for I was had by a corrupt legal system and I have a book that goes into more detail.
It accomplished this but little more. I did not notice much push back but I assume if he stays on the circuit he'll get exactly that. It was worth my time but I'm left wondering what the other side had to say. I am well aware of prosecutors deep competitive unfairness and this could easily be a case of that.
Point taken, but based on what you heard, would you believe in Raj’s version? It is baffling that he got 7 yrs if indeed what he claims is true.
This was actually an excellent interview with great responses to the tough questions asked.
He went to jail for 7 years but Elizabeth Holmes will get probation mark my words.. racism still rife
Why Steve Cohen personally got away from prison . Some of his employees went to jail and he settled with court by paying huge fines in millions. It was unfortunate by his aggressive behavior with the help of FBI Barrera was able to get conviction for several minor employees only. He never nor his successors prosecuted using a disputed law after these90 cases. Even now the law is not resolved. Only congress can straighten this disparity between the courts and SECs definition of insider trading definition. Unless this is resolved there is a possibility of another aggressive district attorney may use this same tactic if a judge was willing to go along with him even though the law is weak.
If anything it’s sexism. Pretty blonde chick vs overweight dumpy guy. As an overweight dumpy guy myself, I can tell you how that’s going to go.
There is a difference in both cases...Elizabeth Holmes is a case of business failure not insider trading....one thing is sure...Elizabeth is a case of false hope
@@jagatdave Elizabeth Holmes and Ramesh “Sunny” Balwani are charged with two counts of conspiracy to commit wire fraud and nine counts of wire fraud. Source: from the horses mouth: Justice Gov (USA)
he supposed enrich himself for 100 million she burned billion they will put the indian bf for dating a white female and he will be in jail...i bet she gets 6 months probation.
I truly believe that Nancy Pelosi should be charged with insider trading, as she gets first hand information on economic policies ahead of time, before they are released to the media and she and her husband trade on this information.
these assholes (aka senators & congresspersons) are exempt from insider trading laws just because they write the rules of engagement
Yes Trump too involved in stock market and his tweets moved the stocks heavily.
Everyone in government shouldn’t own stocks. It should be a sacrifice men and women give up to serve.
@@abhijitbaner We can never get another cleaner and wiser man than Rajat.... problem is these people of color, "cannot be allowed" to use that ladder and must be "canned and contained". Too many examples... how about scaling Chomolungma(Mount Everest).... Sherpa Tenzing Norgay did all the hard yard but a gora got showered with all the accolades and niceties this world had to offer..... all the number-crunching, mid-night oil burning, family time sacrificing job is done by a "coolie" but the product presentation is done by a suit-wearing, white veneer teeth evergreen smiling gora
@@joelphilip7481 There are things called blind trusts which government insiders can be allowed to invest or broad indexes like S&P 500, DowJones Industrials, Nasdaq or Russell but not individual stocks. Also no options should be allowed to used as they create tremendous leverage.
Raj is a smart guy....from no where to a billionaire and becomming a respected persons in wall street..A very Good Interview and good to see him back and hope he will have a decent third half of his career
A decent third half? lol..
if he was honest why he landed in jail .........he must be corrupted and cunning and a thief to get 7 years prison term
But still guilty of inside trading
@@nikhilnayak8636 Micheal Milliken spent years in prison for insider trading. Stop the racial reasoning. It lacks critical thinking, its shallow and lacks Intelligence. Look at what is happening with Julian Assange and talk race.
@@sarsar5189 Raj, in this interview, just highlighted the difference between how he was judged and how another guy with the same charges was not found guilty. Julian Assange's example doesn't apply here dude. He went against the United States government lol even if he was black, he would be screwed.
The end of the interview was amazing. Well said, Raj
Yes, he's a wonderful liar.
S H A M E L E S S...Garth Brooks
@@dougiesherwin9591
Why ?
@@bekreto Why? Because I know Raj personally, and he not only believed it was ok to trade on inside information, he created a network that paid for it. The wiretaps of his phone calls prove this.
If you want to know who taught Raj to cheat, look at his resume and see where he started on wall street.
Your eyes always open when you hear the other side. A great interview.
He refused to testify under oath. he's no longer under oath. how cna you trust a man just because of his demeanor? Do you believe a man who has a personal incentive to claim innocence can be more honest and reliable about the facts.. a man selling a book as well ... then the entire justice system, jury etc? there's more details this man is omitting as well.
All the sides that needed to be listened to were fully considered in the court of law. What you're listening to is just one man's pr
@@tyrellcobb4665
Not with his testimony per the advice of his lawyers
Absolutely.
@@wackaer25 my guy u do know right books dont give u a profit its to speak out plus he legit stated facts that he didn't do anything wrong if u legit did any research the wire taps were clean and the prosecutor was very unjust because he legit said a trial that happend in the exact same scenario as his but the other person was relived of his charges. the prosecutor that led this case was a newly assianged to his role and he just wanted to put down a big name and a big business man. L Jury L proscuter.
Proud of you Raj, handled it just like a Raja!!!!
Frontline painted him as super bad, insider trading this and that.. but after watching this interview and seeing his side of the story, they were just biased with a hint of injustice. It’s like straight from the tv series billions
couldnt agree more
Yea, it's not like there was a trial or anything. Let's just let the guilty give their side of the story and determine a decision from that
@@neverevenheardofit yeah but everyone knows raj was guilty, but way too much information was taken out of context to get him behind bars. A lot of people who spoke on the stand lied, and he couldn’t do anything about it
@@SpewtGG He couldn't afford a lawyer? That's sad.
@@drmodestoesq someone doesn’t know the facts
I’m buying his book! What he said at the end made my decision easy.
What'd he say at the end?
@@boulevarda.aladetoyinbo4773 I have no regrets.
He's playing you and the book is clearly a rehash of his failed defense. He's absolutely lying his fat ass off about the trades after these calls.
Is ANYONE in this God forsaken Country GUILTY of ANYTHING?
@@mikewhite4560 Yes, millions of poor black men are in jail for "being guilty," whether they committed crimes or not.
Having jury trials for complex issues are beyond stupid. This is why most places have abolished them.
Umm. This is the premise of our legal system. And he could’ve requested a trial through a judge
I always asked myself … did the other hedge fund managers get their information in a different form from Raj? . Or was he singled out for wiretapping , because he did not fit into the image of the old boys club , of successful money managers .
@@rcc8506 To be honest if you're not a part of the old boys' club of Wall Street and if you get too big for your breeches then even if you're white, they will make an example out of you. Just look at the scandals and scams coming our of Wall Street and a total lack of perpetrators from a singular community being convicted despite the fact that they comprise of the majority of Wall Street.
I think he had accusations of alleged funding terrorism? Its probably the reason behind wiretap at the first place.
I think it’s because they had evidence from wire taps.
Preet Bharara basically went after a bunch of brown people. You'll note that Steve Cohen not only got off scot free but now owns the Mets.
The man seems pretty genuine who was just caught in a bad situation.....he's done his time and paid his dues - good for him.
Turney Duff has some pretty damning stories about Raj's insider trading
@@nickmiller4262 Thanks for bringing up Turney Duff. I'll buy his book instead of Raj's. :)
Wrong, wrong, and wrong.
@@dougiesherwin9591 How so? Explain away.....
@@supertrooper4353 Raj is a professional thief. He was trained that trading on inside information was ok, but he knew he was breaking the law. This rah rah USA BS he's spewing now suggests he wants more money.
He was not "caught in a bad situation," he was a career criminal, who is still spending stolen money.
I see where this is going, Ryan Cohen gets a fine Raj gets jail time. Interesting way of our poor Justice system.
True.
Someone nose something
Steve not Ryan
LOL: “If you call your mother and say you’re coming to dinner, it could seem criminal in a courtroom setting.”
He looks wonderful for his age May God continue to bless him with health and more wealth to continue giving.
Great interview. Thank you very much.
The MAN himself!!!...Thank you CNBC for this wonderful interview..👏👏👍👍🔥🔥
As a fellow Tamil, have always been waiting to see him explain his side of the story. Great guy !!!
You realize he is Sri Lankan and not Indian
@@martianmartian4037 There are Tamil speaking people in Srilanka as well. There are Tamil speaking people all over the world! Including those CEO/CFOs like Sundar Pichai, Indra Nooyi, Shiv Nadar, Dhivya Dhevara to name a few
@@martianmartian4037 read my comment again. If you still don’t get it. Read again. If you still don’t get it then you will have to get yourself educated in history and geography.
He is a srilankan Tamil, ethnic Tamil Indians who settled in Sri Lanka. We share ethnicity. Were you hibernating when they fought a war for their identity?
@@martianmartian4037 what makes you say that I am an Indian? My name? Your name sounds caucasian, does it mean you are from Armenia?
@@teddylovesit tell me this. The big banks have paid billions in fines for the same mistake he did. Some human behind the desk in those banks did the same mistake he did. Preet Bharara deserves to be humiliated even more than what Trump did to him. If you have worked in wall street you would understand what he is talking about. If you insist that you work then you would be a very bad trader.
Good interview - better than I expected. Changes your perspective listening to him.
The Poor Dear Innocent Wall Street INSIDER TRADERS.....
I am touched by his closing statement that shows he is a man of principles and I will definitely read his book
Rare to find a gem like him
it really is
Sarcasm or no
I dont know about gem but there are bigger criminals than him much bigger, they are all out there free doing what he did without getting caught,
@@kiklocus4660 "criminal" ?.... guess you love your j abs?
@@VelMurugan-qb1xq murugaaaaa
Great interview. A lot of the tough questions that should be asked these days aren't, and a great discussion resulted from it. Thanks!
This IS a VERY important interview with this man ! I remember when he went to jail and was SHOCKED because knowing what I knew about the judicial system it did NOT add up but at the time I had forgot to include a few BASIC key elements almost everyone in america KNOWS about this country. I am glad he was "allowed" to keep some of his money like they allow ALL the others who REALLY broke the law and were "allowed" to scam. Remember Boesky !
Are you trying to be funny? Raj set up a network and paid cash for phone calls with inside information. His arrogant ignoring of the phones being tapped put him in jail.
@@dougiesherwin9591 I am very serious. I am comparing ALL the crooked stuff they allowed ALL the others to get away with vs. what happened here. Example: It was PROVEN in court that Goldman Sacs INTENTIONALLY LIED to their OWN customers and told them to invest in securities that they KNEW were gonna fail and on TOP of that, Goldman then had the NERVE to go behind their OWN clients back and DIRECTLY invest AGAINST their OWN clients which made their OWN clients even lose money FASTER! This scheme according to the government made Goldman over 1 BILLION in profits ! What did the government do? They fined Goldman 100 million OF the over 1 BILLION in profits they made! Did they put anybody in jail? NO !!!! Case closed! This is why I root for RAJ!
@@gheechiedan9299 If you tell me Raj got singled out because he's not white, I'll agree. But he's a bad guy who literally stole over a billion dollars.
Raj anna it's amazing interview.face to face. I very proud you are tamilian
Wonderful interview....kudos to the interviewer and interviewee....insightful piece
Excellent interview. Thank you for being as fair as you could and well done Rajarathnam.
Law works different for US citizens and Born in US citizens.
agreed
Even if you were born here and you are black, then’ its……never mind
@@jdave209 Like Bill Cosby? Jesse Smollet?
This depends on your religeo-political background and your contacts with the corrupt politician of the hour
@drmodestoesq u cherry picked 2 black cases & 2 awful ones at that lol both were convicted bill got off because he had already made a deal with the previous DA that they couldn’t go after him
The Police, Courts are as dirty as the criminals themselves. Its better to stay inconspicuous and simple and far away from such dirty network.
I hope Raja Rajaratnam tells his story out loud. He seems genuine.
however, you said the others went free which they did not. enjoy your day, but know the facts as well.
He isn’t. They aren’t. But you’re also right haha
I feel the same way. I certainly appears to be genuine, and so did Rajat Gupta.
You forgot to mention that it was another Indian origin Preet Bharara who went overboard to further his career, he was too gungho to punish the Indians, he went after Rajat Gupta and tarnished his image, he also went after the lady diplomat from Indian embassy. Hope, one day karma catches up with this low life.
This man is so brilliant and patient in all the questions !
I have listened to quite a few billionaires and hedge fund guys, they often display lots of impatience and calm arrogance. Rajat is an exception.
Talking to him feels like speaking to a high school history teacher. I am definitely buying the book.
Good luck. You can always use the book next time toilet paper is hard to find.
I need to see that book too
I remember listening to the audio tapes of the phone call some 10-12 years ago where Rajat Gupta clearly said something to Raj along the lines of "hey, this just off the boardroom..." and proceeds with the tipping. So when Raj says no one told him, "hey I just got this from somebody", that's really hard to believe. And if 100% of his trades were based on the written statements of his 35 analysts, why is Rajat Gupta's tip on the call "news" to Raj?
Just as Raj is guilty, Preet Bharara is equally guilty of muddying up the waters to make the case. But if Raj is guilty, so are most of the "fund managers", just not convicted yet. Justice is a joke nowadays, not a "bedrock" of anything. But we wanna go on believing that, don't we?
EDIT: “Yeah," says Rajat Gupta. “... this was a big discussion at the board meeting" to buy a commercial bank. Lookup the audio tapes.
Very insightful and best interview!
I am buying his book! I was an analyst when this miscarriage of justice took place. Shame on the justice system.
This Raj Rajaratnam stole over $150 million combined through insider trading. Supported a dangerous terrorist organization with USD 3.5 million, which he describes as charity. And sat in prison only 8 of the 11 years he was convicted to. Now he wants to whitewash himself as if what he had done was a Peccadillo. I demand to punch in again for 30 years, because he is misusing his probation to turn the facts around. So please arrest him once again and punish him properly!
If you were an analyst, you should know better. Raj is a plain old thief.
@@dougiesherwin9591 Correct. Raj is a big thief from Sri Lanka!
@@NewBalance-pu8ft Trust me I know.
I spent 3 years in Prison over Mental illness & nothing else. Many INSIDER TRADERS = EVIL...
He got done!! People with more serious crimes walking free. Hope he comes back stronger!!! 💪🏽🇱🇰
This man is a legend. Incredible what he has gone through and the composure he maintains.
Disagree compete and would like to know your reasoning, given my information vs yours
Con-men do that, right?
Congratulations CNBC interviewer for such a brilliant piece. Raj, to you all kudos for standing up to the right principles and your invaluable service to Americans as well as to all humanity. Most importantly, you have made us proud Sri Lankans, especially the people of Jaffna, where I too hail from. Your great philanthropic work in the North these days is all the more commendable. Keep up the good work. I just purchased your book. Can't wait to get started on it! மிகவும் நன்றி!
Great interview! Enjoyed all 19mins!!!
Amazing interview, discussion, and fact finding!
reporter is a good one .
Happy new year 2022.
"Bharara’s endgame all along was the high life too, only he took a much easier route: he would use the vagaries of securities laws and the destruction of businesses and reputations as his path to wealth." At the end Bharara got really handled by Trump.. :)
i do not give high marks to tax evader n wpomanizer trump but bara was removed as us attorney as partbof firing all dem appointed us attorneys
Not only that I heard he made millions in stock market with his connections.
@@1309gsk The fact is Preet Bharara used to think that he is more American than all his fellow (brown) immigrants and used to make it a point to go after other (brown) immigrants to "prove" his Americaness. Finally, he was put in his "place" by Trump!! Poor Bharara should have realized how things work in the US. No matter hard he tries, he will always be a Gunga din!!
famnne marred thistry n hungry flash oh shark like yourself thinks brown r less americans tha you the flash or irish potatoe. i am not a fan of bhara but i get ttally out of cotrol when u talk about bowns
@@jarjarbinks3193 what is a gunga din?
Both presenter and guest speaker did a great job! CNBC is top baby!
As a native Tamil man I am really proud of you sir. At least now it's up to public can come to conclusions. Innocent should not punish because of his race and ethnicity.
certainly comes across as the most genuine person you could meet and has proper life values
It's a trait common to all sociopaths.
i remeber seeing him on those headlines, but now i feel like i truely understand him, great person, such a geniune interview.
I'm sure you'll love Hitler if he was interviewed by the NYTimes as part of promotion to sell books.
@@redstwok1123 poor cluless soul
@@lqtube Says you, a person who knows nothing about this biz and Raj's story. You have never met the people that know this guy inside and out, so please keep your easily swayed thoughts
This Raj Rajaratnam stole over $150 million combined through insider trading. Supported a dangerous terrorist organization with USD 3.5 million, which he describes as charity. And sat in prison only 8 of the 11 years he was convicted to. Now he wants to whitewash himself as if what he had done was a Peccadillo. I demand to punch in again for 30 years, because he is misusing his probation to turn the facts around. So please arrest him once again and punish him properly!
Superb. Thanks for this interview
Double standard is the rule, I have seen this again and over again.
I am very glad to see him back
Amazing interview
Just finished his book and would recommend it. His version is that he got picked on by district attorney who himself didn’t understand what constitutes inside information. Based on his book it appears he was either doing the the opposite to what the tipper alleges or his team had already found that information legally and had traded prior to it. However the prosecutors, judge and jury didn’t understand markets and hence couldn’t understand what is legal and what is illegal. I plan on reading different versions of the same story from Preet and Gupta next. I remember reading books on the insider trading scandal of the 80s where people were just fined. Similarly after the banking crisis the banks were bailed out and no one responsible went to jail. But for political gain one south Asian prosecutor picked on other South Indians.
The problem is not him getting a long sentence, but some others not getting it for doing insider trading.
No more cases of insider trading? Why. IMO Raj brothers case was the last one.exactly similar case with same charges filed couple of years later and was dismissed by a different female judge. In Bareras new discovery the law he used was MERKY.
Great interview!
I admire this conversation... and wonder how these people precisely stand on the line... No extra word or even breath taken... Great...
Excellent interview. Great insights.
Great Interview! Wish him Luck !
I feel bad for the guy. System is broken. That’s all I have to say.
Wait... he got more prison time for insider trading than rapists/molesters do. Think about that, crazy. There are ppl out there who got more time for marijuana possession also. Why can't they fix this system immediately!
He did not accept a plea deal to rat on others. Took it like a man . Respect for that
🇱🇰 Very Well Spoken. Take care and stay safe Mr.Rajaratnam
Goldlmen and Wall Street Big firms will put this guy to shame when it comes tips. That being said he was not a passive tip receiver.
He sounds genuine. His words are smart. Totally buying his book.
I second your conclusion. Its amazing how he got portrayed in American Greed, and what the confessions of the Man in the real are. Prison truly has worn him down - He sure looks moons away from what he looked earlier!
i think verdict purely based on evidence so its not possible he is an innocent
@@pushpendradsp - He explained the loophole in Witnessing....
as someone who hates modern journalism, this interviewer is top tier! great questions and great understanding of the answers given!
Excellent interview, and continue the good work you do now.
RAJ is a smart guy. An immigrant from srilanka became a BILLIONER.
He is enlightened and peaceful.
Great interview
11 years ago , I thought that he was treated unfairly and o stand by that today .
He is an amazing man. Hands down. God bless him.
Are you serious? The Fed's have this psycho on tape laughing and taunting average Americans
@@rcc8506 How would defense make him a bad ass? Just so you know, I neither support nor hate him.
Here is the review from Amazon -“Raj Rajaratnam, the respected founder of the iconic hedge fund Galleon Group, which managed $7 billion and employed 180 people in its heyday, chose to go to trial rather than concede to a false narrative concocted by ambitious prosecutors looking for a scapegoat for the 2008 financial crisis. Naively perhaps, Rajaratnam had expected to get a fair hearing in court. As an immigrant who had achieved tremendous success in his adopted country, he trusted the system. He had not anticipated prosecutorial overreach-inspired by political ambition-FBI fabrications, judicial compliance, and lies told under oath by cooperating witnesses. In the end, Rajaratnam was convicted and sentenced to eleven years in prison. He served seven and a half“
He’s an insider trader
@@nzmanhdee6246 define "insider trader"? Talking to people is his job.... when you are handling over 7 billion of people's money you make a through informed decision before you decide to 'buy' 'sell' or 'hold'.... He literally gave Wall Street a wild chase.... he did so singlehandedly without any need for "networking'" like those who rule the roost do... Raj was an outsider in all ways imaginable, becoming too powerful and too quickly and had to be swiftly dealt with....
He is forever our Pokkisham.
Aram Porul Inbam Veedu
@@nzmanhdee6246 probably. It’s like speeding, though, everyone does it he just got caught. Interesting how it’s the Asian banker that gets nabbed. Was he sloppier or was something else afoot?
Still guilty
@Raj Iyer .... and land of tall slogans and hollow promises....
Great interview 👍👍👍
Answered every question with composure.. Very well said Raj.. Book is a must read if you appreciated this interview.
Yes, the entire Wall Street is guilty, very well said!!
Wow, his father donated his entire estate and yes some people and cultures don’t advertise their charitable givings where some cultures they donate a dollar and talk about it rest of their life!!
And that’s why we Apes HODL our positions in meme stocks when will people learn it’s us vs them….
Brilliant interview. Though I'm still skeptical. Maybe I will read his book. I have viewed Wall Street misdeeds from the 80s. Some were guilty as sin. Some were victims of prosecutor's overreach.
agreed
The thing is many of the insider traders were getting 2-3years max + fine, politicians get nothing for insider trading. I personaly think for insider trading its much more impactful to wipe the trader wealth than throwing him in prison.
Amazing Interview
Salute to you sir !
Nice to know you sir. Will defintely read your book.
Much respect.
A sense a genuine gentleman. Cheers to him.
This reporter stands neutral and smart. He definitely needs a big raise & promotion after this interview. 😁
i always believed his crime that he was a brown man as a first billionaire big boys couldn't deal w it who does't trade on tips he was no different then others they just wanted to teach him a lesson jury system sucks ask any black and latinos how good the juries are.
100%
Great Interview.
Excellent interview particularly the last part was quite emotional. I respect this man.
Can I ask WHY?
I need to see his book too
Great interview. Agreed, there is always overreach by the prosecution. I loved when Trump fired Preet Bharara and he was crying like a puppy in all news networks.
Interesting story, will definitely have to pick up a copy! Crazy how the media can just paint a picture and the vast majority of the audience will just buy in to the story.
Very insightful interview. Stay strong 💪 ✨️
Great interview! And, great answers by Raj. Well prepared. Interesting choice of words here and there. Like omitting Sri Lanka and instead saying, "the country where I was born."
Oh I thought he is from India...
@@sathiya1984 he is srilankan tamil
@@sathiya1984 That's why he says "when I got American citizenship in 1983". 1983, is the year of the Black July.
His father was born in a village called ALVAI in Vadamarachi and attended Hartley college,Point Pedro.
He simply didnt have the complexion for the protection.
He was prosecuted by an Indian.
The ending made me smile.
Seems pretty honest and open
I can see why so many people visited him in prison, he seems like someone who shared with others. He had a lot of people that benefited from him. Maybe the lines of what was legal and what wasn’t got blurred and maybe the prosecutors over stepped their boundaries but in the end only they know.
This Raj Rajaratnam stole over $150 million combined through insider trading. Supported a dangerous terrorist organization with USD 3.5 million, which he describes as charity. And sat in prison only 8 of the 11 years he was convicted to. Now he wants to whitewash himself as if what he had done was a Peccadillo. I demand to punch in again for 30 years, because he is misusing his probation to turn the facts around. So please arrest him once again and punish him properly!
When you see the way some stocks trade before an earning report or FDA approval announcement ,it is obvious that some insiders know the news before it is announced
www.UA-cam.com/watch?v=T_MkuN5PAGI
Exactly ....everyone has inside news ...brown immigrant found guilty ..typical white justice
@@z2t942 Good Luck My Friend With Your Decision Today, Keep Me Posted Enjoy The Process
@@z2t942 Lol dude was caught on wiretaps via phone calls telling fellow traders to buy stocks before huge deals . Sorry but big Raj was guilty as hell
@@dondoe4477 I m sure he is but I feel lot of folks have inside news well in advance ..U have to watch how stock prices fluctuate right before earnings ...within seconds they will drop
It and then pump it up without news
Good interview.👏👏👏
Well well well look who it is the goat of insider 🙌🙌🙌🙌 and I'm damn sure buying this book ASAP!!!
This guy reeks of 110% honesty. Very stand up guy. Kappa.
This Raj Rajaratnam stole over $150 million combined through insider trading. Supported a dangerous terrorist organization with USD 3.5 million, which he describes as charity. And sat in prison only 8 of the 11 years he was convicted to. Now he wants to whitewash himself as if what he had done was a Peccadillo. I demand to punch in again for 30 years, because he is misusing his probation to turn the facts around. So please arrest him once again and punish him properly!
He was convicted of 14 counts. It is if You go to a department store and steal 14 items. And Raj Rajaratnam was convicted by all 11 jurors.
@@EbenJ2010 You mean all the other commentators?
For people who are hard of hearing, or weak in English, and just prefer to read transcripts in general, it is essential that corporations publishing on UA-cam spend some time on ensuring that accurate captions are made available.