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    Back to To the Point

    To the Point

    Wall Street Inside Trader Rajaratnam Goes Down

    After the jury heard his wire-tapped phone conversations with financial tipsters, billionaire hedge-fund manager Raj Rajaratnam was found guilty...

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    By Warren Olney • May 13, 2011 • 51m Listen

    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

    In this episode

    3 stories
    1. 0:00

      Mideast Envoy George Mitchell Resigns

      Former Senator George Mitchell brokered peace in Northern Ireland, but he's stepping down after two years as President Obama's special Mideast envoy. Nicole Gaouette reports on foreign policy for Bloomberg News .

      Read the story
      8 min
    2. 7:47

      High Finance and White-Collar Crime

      Raj Rajaratnam's Galleon Group hedge fund was once worth $7 billion, and he paid ten high-powered lawyers to defend him on charges of insider trading. But a working-class jury found him guilty on all 14 counts , based in large part on telephone conversations with tipsters recorded by federal investigators.

      Read the story
      37 min
    3. 44:59

      Hillary Clinton Goes to Greenland to Discuss the Arctic

      The melting of ice in Greenland is evidence of global warming; it creates opportunities for industrial development; and it puts the US in an uncomfortable diplomatic position. Secretary of State Hillary Clinton attended the Seventh Ministerial Meeting of the Arctic Council in Nuuk, Greenland that ended yesterday.

      Read the story
      6 min
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Frances Anderton

      architecture critic and author

    • Sonya Geis with wavy brown hair wearing a black dress with red accents and decorative earrings against a white background.

      Sonya Geis

      Senior Managing Editor

    • KCRW placeholder

      Christian Bordal

      Managing Producer, Greater LA

      NewsNationalPolitics

    In this episode

    3 stories
    1. 0:008 min

      Mideast Envoy George Mitchell Resigns

    2. 7:4737 min

      High Finance and White-Collar Crime

    3. 44:596 min

      Hillary Clinton Goes to Greenland to Discuss the Arctic

    Back to To the Point