Wall Street Inside Trader Rajaratnam Goes Down

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After the jury heard his wire-tapped phone conversations with financial tipsters, billionaire hedge-fund manager Raj Rajaratnam was found guilty. Should insider traders be prosecuted like mobsters and drug lords? Do their crimes harm other individuals? How do they impact confidence in the markets? Also, Mideast envoy George Mitchell resigns, and the eight Arctic Nations — including the US — have ended their seventh meeting in Greenland. We hear about oil and gas drilling and how native Greenlanders feel about global warming.

Banner image: Galleon Group founder Raj Rajaratnam (C) is confronted by media as he leaves the Daniel Patrick Moynihan United States Court House after being found guilty of 14 charges against him on May 11, 2011 in New York City. Photo: Andrew Burton/Getty Images