Ex-McKinsey exec: Rajaratnam paid $1.75 million for tips

Courtesy Topix - Business News  Fri, 01/08/2010 - 10:22

A former director of McKinsey & Co told a court on Thursday that Galleon hedge fund founder Raj Rajaratnam paid him $1.75 million in exchange for tips on clients of the consulting firm, giving prosecutors potentially more ammunition in the insider-trading case.


 

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