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· Absolute Shockers · MARKETS

Raj Rajaratnam: 40 Million USD To Defend A 64 Million USD Case

We spotted this in WSJ today:

"Mr. Rajaratnam is estimated to have paid as much as $40 million for his defense, according to people familiar with the matter and some lawyers not affiliated with the case, about two-thirds of the amount prosecutors said Galleon made from the insider trading addressed in the charges."

Statistics Source: WSJ

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