As the government began presenting evidence against Raj Rajaratnam in his insider trading trial, the defense attorney gave jurors a painful sampling of the tedium that lay ahead.
March 14, 2011 at 12:00 AM
1 minute read
Billed as a knock-down, drag-out courtroom battle, the Raj Rajaratnam insider trading trial opened in Manhattan with so many onlookers jockeying for seats that it took two overflow rooms with closed-circuit TV to accommodate them. The high-stakes prosecution of a hedge-fund billionaire began with all the anticipated drama.
“Greed and corruption,” were the opening words of Assistant U.S. Attorney Jonathan Streeter as he began to describe the case.
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