Galleon’s Rajaratnam Asks Judge to Reduce Bail: Video

Oct. 30 (Bloomberg) -- Raj Rajaratnam, the Galleon Group hedge fund founder accused of directing ...  More »

Oct. 30 (Bloomberg) -- Raj Rajaratnam, the Galleon Group hedge fund founder accused of directing an elaborate insider-trading ring, told a judge he’s being treated worse than Bernard Madoff and asked that his bail be cut to $25 million. Rajaratnam, 52, requested in a letter yesterday that his $100 million bond be reduced. Bloomberg's Monica Bertran reports. (Source: Bloomberg)  « Less