New
York - The arrest by U.S. authorities on Friday of Sri Lanka-born Raj
Rajaratnam (photo), founder and head of the New York-based Galleon Management
hedge fund, on charges of 'vast insider trading' has triggered alarm bells in
wide ranged business circles .
Rajaratnam's $3.7 billion hedge fund owns big positions in dozens of public companies
(like ebay, Apple, Google, Bank of America etc.) whose stock and management teams
may be embroiled in investigations.
