Ex-Intel exec pleads guilty in hedge fund case

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Ex-Intel exec pleads guilty in hedge fund case (2/9/2010)

A former Intel executive pleaded guilty Monday to charges he fed confidential information about the computer-chip maker to wealthy hedge fund manager Raj Rajaratnam, his old friend and central figure in a massive insider trading case."I gave Raj Rajaratnam the information because of my friendship with him," Rajiv Goel told a judge in federal court in Manhattan. "I cannot express how sorry I am."Mr. Goel, 51, of Los Altos, Calf., became the ninth defendant to plead guilty out of 21 charged so far

Source:	Crains
Full post can be read on:	http://www.crainsny.com/
Homepage:	http://www.crainsny.com/

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