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Insider-trading trial was a drama worthy of Hollywood

It had all the drama of a Hollywood blockbuster.

The government’s case against Raj Rajaratnam, the hedge fund billionaire convicted on insider trading charges, featured friends-turned government witnesses, a blonde trader fluent in locker room language, and the disclosure of secrets from the highest levels of the corporate world.

The jury, which voted to convict Mr Rajaratnam on all 14 counts of insider trading, also heard candid real-time conversations through phone calls covertly recorded by government agents, and watched dramatic courtroom moments worthy of an episode of Law & Order, a TV crime drama.

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