All posts tagged "Raj Rajaratnam"

NEW YORK — Former Goldman Sachs director Rajat Gupta pleaded not guilty Wednesday to insider trading after giving himself up to the FBI, as the high-flying executive was caught in a growing Wall Street scandal.

U.S. Treasury Secretary Timothy Geithner Friday promised "dramatic enforcement actions" against Wall Street power brokers who helped guide the economy into a slump.

NEW YORK, March 17 (Reuters Legal) - In the ongoing insider-trading trial of Raj Rajaratnam, the government is firing some potent missiles from its arsenal of 2,400 taped phone conversations. But in a related case, a federal judge recently rebuked investigators for their handling of a wiretap, showing this powerful tool can open the government to uncomfortable legal challenges.