topicnameraj rajaratnam This October 13, 2011 courtroom drawing shows Raj Rajaratnam (R) with Judge Richard Holwell (upper C) Defense Attorney William White(L), Assistant US Attorney Reed Brodsky, and Defense Attorney Samidh Gudh (2ndR), at Federal Court in New York. Disgraced star Wall Street hedge fund manager Raj Rajaratnam was sentenced Thursday to 11 years behind bars in the heaviest US sentence for insider trading, although far below what prosecutors had sought. New York federal Judge Richard Holwell also ordered the Sri Lankan-born founder of the Galleon Group hedge fund to pay a fine of $10 million and restitution of $53.8 million. But he said Rajaratnam's poor health was the reason for refusing the prosecution's request that the former trader be sentenced to as much as 24 years in prison. Holwell revealed for the first time publicly that Rajaratnam, 54, is suffering from 'advanced diabetes leading to imminent kidney failure.' - Raj Rajaratnam Images
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Raj Rajaratnam Gallery

  • This October 13, 2011 courtroom drawing shows Raj Rajaratnam (R) with Judge Richard Holwell (upper C) Defense Attorney William White(L), Assistant US Attorney Reed Brodsky, and Defense Attorney Samidh Gudh (2ndR), at Federal Court in New York. Disgraced star Wall Street hedge fund manager Raj Rajaratnam was sentenced Thursday to 11 years behind bars in the heaviest US sentence for insider trading, although far below what prosecutors had sought. New York federal Judge Richard Holwell also ordered the Sri Lankan-born founder of the Galleon Group hedge fund to pay a fine of $10 million and restitution of $53.8 million. But he said Rajaratnam's poor health was the reason for refusing the prosecution's request that the former trader be sentenced to as much as 24 years in prison. Holwell revealed for the first time publicly that Rajaratnam, 54, is suffering from 'advanced diabetes leading to imminent kidney failure.'

    This October 13, 2011 courtroom drawing shows Raj Rajaratnam (R) with Judge Richard Holwell (upper C) Defense Attorney William White(L), Assistant US Attorney Reed Brodsky, and Defense Attorney Samidh Gudh (2ndR), at Federal Court in New York. Disgraced star Wall Street hedge fund manager Raj Rajaratnam was sentenced Thursday to 11 years behind bars in the heaviest US sentence for insider trading, although far below what prosecutors had sought. New York federal Judge Richard Holwell also ordered the Sri Lankan-born founder of the Galleon Group hedge fund to pay a fine of $10 million and restitution of $53.8 million. But he said Rajaratnam's poor health was the reason for refusing the prosecution's request that the former trader be sentenced to as much as 24 years in prison. Holwell revealed for the first time publicly that Rajaratnam, 54, is suffering from 'advanced diabetes leading to imminent kidney failure.'