Caught on Tape: Rajaratnam's Brother Says 'We're (Expletive) Man'
By: Kumar calls Rajaratnam and asks him to rein in his younger brother, Rengan. Kumar found out that Rengan was revealing details of an AMD/Abu Dhabi deal to his Stanford classmate, McKinsey partner David Palecek.
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10/6/08 10:26am (651-T)
David Lau, a Galleon employee in the Singapore office, calls Rajaratnam and they talk about “bloodshed” in the Asian markets. Rajaratnam also talks about the AMD deal with Mubadala, which is to be announced the following day.
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10/7/08 1:46pm (654-T)
Rajaratnam calls Rajiv Goel to discuss trades he’s made on Goel’s Charles Schwab account.
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Secretly-recorded audio played by prosecutors reveals a phone conversation between hedge fund executive Raj Rajaratnam and his brother Rengan in which Rengan was concerned that the media had picked up on the deal.