Uneven Justice
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''Uneven Justice: The Plot to Sink Galleon'' is a
memoir A memoir (; , ) is any nonfiction narrative writing based on the author's personal memories. The assertions made in the work are thus understood to be factual. While memoir has historically been defined as a subcategory of biography or autob ...
by
Raj Rajaratnam Rajakumaran Rajaratnam (born June 15, 1957) is a Sri Lankan-American former hedge fund manager and founder of the Galleon Group, a New York-based hedge fund management firm. He is also the author of his memoir, '' Uneven Justice: The Plot to S ...
, founder of the
Galleon Group The Galleon Group was one of the largest hedge fund management firms in the world, managing over $7 billion, before closing in October 2009. The firm was the epicenter of a 2009 insider trading scandal which subsequently led to its fall. The fir ...
, a
New York New York most commonly refers to: * New York (state), a state in the northeastern United States * New York City, the most populous city in the United States, located in the state of New York New York may also refer to: Places United Kingdom * ...
-based
hedge fund A hedge fund is a Pooling (resource management), pooled investment fund that holds Market liquidity, liquid assets and that makes use of complex trader (finance), trading and risk management techniques to aim to improve investment performance and ...
management firm now ceased in operation; the book was first published in December, 2021 by
Post Hill Press Post Hill Press, distributed by Simon & Schuster, is a small United States print and e-book publishing house that focuses on publishing "conservative politics" and Christian titles. The company was founded in 2013, and has offices in New York City ...
.


Background

Raj Rajaratnam served seven and half years in prison of an 11-year sentence after being convicted for
insider trading Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider informati ...
and was released in the summer of 2019. In 2021, he published his memoir, ''Uneven Justice: The Plot to Sink Galleon'', detailing the events surrounding his insider trading conviction and the prosecutorial overreach he claims led to it. ''Uneven Justice'' tries to shine a light on the US
criminal justice Criminal justice is the delivery of justice to those who have been accused of committing crimes. The criminal justice system is a series of government agencies and institutions. Goals include the rehabilitation of offenders, preventing other ...
system of which the author is critical and knew little until the
FBI The Federal Bureau of Investigation (FBI) is the domestic Intelligence agency, intelligence and Security agency, security service of the United States and Federal law enforcement in the United States, its principal federal law enforcement ag ...
knocked on his door with guns and placing him under arrest. In his preface to the book, Rajaratnam says:
“Empirical studies have shown that the trial penalty is just about double that handed to those who plead guilty. If a defendant agrees to become a
cooperating witness A criminal turns state's evidence by admitting guilt and testifying as a witness for the state against their associate(s) or accomplice(s), often in exchange for leniency in sentencing or immunity from prosecution.Howard Abadinsky, ''Organized ...
, helping the government with testimony – irrespective of the truth – to convict another defendant, the co-operating witnesses gets a much reduced-sentence and in many cases just
parole Parole, also known as provisional release, supervised release, or being on paper, is a form of early release of a prisoner, prison inmate where the prisoner agrees to abide by behavioral conditions, including checking-in with their designated ...
,”


Review

In a review,
Glenn Greenwald Glenn Edward Greenwald (born March 6, 1967) is an American journalist, author, and former lawyer. In 1996, Greenwald founded a law firm concentrating on First Amendment to the United States Constitution, First Amendment litigation. He began blo ...
, Pulitzer Prize winning journalist and former constitutional lawyer, wrote:
“The book, "Uneven Justice", makes a persuasive case that this prosecution served to cover up the embarrassment of the Obama DOJ's malfeasance and advance the ambitious Bharara's career. But its most important point is that the entire justice system is rigged against defendants. Obviously, few people are going to sympathize with a billionaire hedge fund manager. But that's the point. That's not the book's goal. His case is done. The book is a genuine, serious, in-depth study of all the ways federal prosecutors have unchecked power to destroy people. Federal prosecutors routinely threaten people's families, conceal
exculpatory evidence Exculpatory evidence is evidence favorable to the defendant in a criminal trial that exonerates or tends to exonerate the defendant of guilt. It is the opposite of inculpatory evidence, which tends to present guilt. In many countries, includin ...
, exploit the fact that almost anything is a crime, and in general have rigged the system to make acquittal almost impossible. If it takes Rajaratnam to help expose that, this book is welcomed.”


References

{{Reflist, 2


External links

* Raj Rajaratnam Speaks with
Andrew Ross Sorkin Andrew Ross Sorkin (born February 19, 1977) is an American journalist and author. He is a financial columnist for ''The New York Times'' and a co-anchor of CNBC's '' Squawk Box.'' He is also the founder and editor of DealBook, a financial news ...
(
CNBC CNBC is an American List of business news channels, business news channel owned by the NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts live business news and analysis programming during the morning, Day ...

Video
* Raj Rajaratnam Interviewed by Walter Pavlo (
Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...

Text

Preface summarizing Raj Rajaratnam’s tell-all book
(
The Island (Sri Lanka) ''The Island'' is a daily English-language newspaper in Sri Lanka Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka, also known historically as Ceylon, is an island country in South Asia. It lies in the Indian Ocean, so ...
) Autobiographies American autobiographies Memoirs 2021 books 2021 non-fiction books