Jail for a hedge fund billionaire Raj Rajaratnam # 14.10.2011 10 Uhr # Journal Englisch

A case that has captivated Wall Street is now ending in a record sentence. Hedge Fund Billionare Raj Rajaratnam has been ordered to spend 11 years in jail for insider trading. It is a big departure from precedent - in the past famous executives who have been tried for insider trading like Michael Milken, only got a few years. Rajaratnam's sentence is now the longest prison term in US history for the crime.