Barry Pollack Quoted in Bloomberg Regarding Rajaratnam Insider Trading Case

“Rajaratnam’s FBI Probe a Decade Ago Lacked Proof”
Bloomberg
12.04.09Barry Pollack discusses revelations that Raj Rajaratnam, the Galleon Group founder facing federal insider trading charges, was probed a decade ago by the FBI, which could not to tie him to illegal trades at the time. Commenting on the unsealing of the earlier case, Pollack said “It’s probably both good news and bad news and can be spun either way. The government is going to spin it as it demonstrates the depth of their relationship and it demonstrates there’s a lengthy pattern or practice of him trading on information that he at a minimum should have reason to question the source.”
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