Today the Insider Trading trial of Hedge Fund boss Raj Rajaratnam started. Top MSM
spin doctors will have been deployed.Rajaratnam Criminal Trial Begins With Jury Selection in Manhattan Court
By Patricia Hurtado, Bob Van Voris and David Glovin Bloomberg
mar 8, 2011
The Rajarantam case is a big problem for the MSM
. The accused is an immigrant (from Sri Lanka), a man of color, and a big Democratic donor
To take matters worse, a new conspirator was announced last week: Rajat Gupta, a former Goldman Sachs board member who was born in Calcutta.
What the Tapes Mean for the Insider Trading Case Against Rajat Gupta
By John Carney CNBC.com
Tuesday 8 March 2011
Damage control has already begun as I noted in Galleon Insider Trading: Those Blue-eyed Blondes, again
, which dealt with a peculiar Bloomberg effort to focus on one of the few accused who is not from the Indian Subcontinent, or Jewish.
But ultimately is will be hard to camouflage one the strangest (and most important) developments in modern America, which I addressed in Hedge Find Galleonâ€™s Wall Street: Minority Occupied Territory
Or the corollary, as I discussed in Bring in Indians: Get Curry Smells