11-Year Term for Rajaratnam Falls Short of Government Wishes

, New York Law Journal

   |1 Comments

The pivotal figure in the most wide-ranging insider-trading prosecution in history was given a break by Southern District Judge Richard Holwell, who pronounced sentence after ruling for the government on virtually everything it wanted in calculating the sentencing range, which he agreed was between 19 1/2 and 24 1/2 years in prison.

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What's being said

  • fecundmind

    leniant sentencing because of raja's caring work around the world sounds odd. did the judge forget raja had money which he obtained from precisely the type of work he was arrested for that at the end made possible for him to be as quantatatively generous person. the generosity was not the result of building castles in the sky. secondly through his quantifiable good work, if the judge read the transcript of conversations btw raja and another raja they talked about networking. being in the not millionaire but billionaire circle. well that's revealing. philanthropy is part of the rich circle it is a big party. the judge is clearly either not sure of what reasonable reason to provide to the jury for the leniancy so he is finding petty examples that common people may become impressed over. raja's illnesses are common and well prevalent. they certainly did not prevent the insider trading that brought him a lot of money which he then shared with the poor and in return got tax benefits. this is an example of how rich get away and the poor are useless for society thereby their sentencing a lot harsher.

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