Wednesday, March 09, 2011

Open thread for Wednesday

Raj Rajaratnam, the billionaire Galleon Group founder accused of making $45 million trading on illegal stock tips, plans to take the witness stand himself during the trial, the NYT reports. If convicted, Rajartnam faces up to 20 years in prison.

Meanwhile, Rajartnam's defense team is trying to weed out any jurors who might feel any antipathy towards Wall Street. Another hurdle the defense faces is finding jurors who are still unfamiliar with the case, which is sure to be one of the most closely watched in Wall Street's history.

Read on.

And here is one of the questions to the questionnaires to the potential jurors:

*How honest do you think Wall Street Executives are?

1 Not at All Honest

2 Below Average Honesty

3 Average Honesty

4 Above Average Honesty

5 Extremely Honest

Please explain your answer.

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