Skip to Main Content
by Derek Loosvelt | October 21, 2009


Did you really think accused insider trader Raj Raj had any shot of keeping that hedge fund of his alive?

Today Raj Rajaratnam told investors to brace for the death of his fund. Also revealed was Raj's inability to trade very well on said alleged insider info: Supposedly, he lost lost a bundle while moving on at least some of the illegal tips.

Perhaps trumping that news is this (from the king of financial fraud): While they were blowing billions of other people's dough, Bernie "the Ponz" Madoff and Company were allegedly doing mountains of blow -- so much of it, in fact, that in this suit, filed today, the Ponz's offices were referred to as the "North Pole."



Filed Under: Finance

Want to be found by top employers? Upload Your Resume

Join Gold to Unlock Company Reviews

Subscribe to the Vault

Be the first to read new articles and get updates from the Vault team.