Senin, 14 Maret 2011

Rajaratnam paid for tips, ex-McKinsey Anil Kumar testifies

By Grant McCool and Basil Katz

NEW YORK |
Fri Mar 11, 2011 8:45am IST


NEW YORK (Reuters) - A disgraced former McKinsey Co partner told jurors he leaked secrets about the elite consulting firm's clients in exchange for $1.75 million in hidden payments from onetime friend Raj Rajaratnam, the main defendant in the biggest U.S. insider trading trial in years.

Anil Kumar said the Galleon hedge fund founder told him: "You work very, very hard.

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