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Rajat Gupta and Rajaratnam: The Fall of Insider Culture?

The sentencing of Raj Rajaratnam to 11 years of prison and the arrest of Rajat Gupta, is a strong message that the US is not willing to tolerate insider trading. But are the right people being arrested or are Rajaratnam and Gupta scapegoats? How big is the problem of Insider trading in the Hedge Fund industry?

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