The federal agent renowned for "flipping" insider
traders is gone. And the prosecutor nicknamed "Napoleon" at the trial
of hedge-fund manager Raj Rajaratnam is looking for a new job as a
criminal-defense lawyer, according to a WSJ report.
Three years into the U.S. government's crackdown on insider
trading, some of the people most responsible for winning convictions of 66
targets, including Mr. Rajaratnam and former Goldman Sachs Group Inc. director
Rajat Gupta, are moving on.
The exits include two lead agents at the Federal Bureau of
Investigation and several federal prosecutors who used secretly recorded wiretaps,
informants and other aggressive methods as part of the ….
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