????美國(guó)聯(lián)邦法庭一陪審團(tuán)本周三做出判決，對(duì)沖基金經(jīng)理拉杰?拉賈拉特南所受的所有14項(xiàng)共謀及欺詐罪指控均成立；在這之前，拉賈拉特南通過(guò)長(zhǎng)期內(nèi)幕交易共獲利6,400萬(wàn)美元。

????現(xiàn)年53歲的拉賈拉特南將面臨20年監(jiān)禁?；蛟S很多人心里還在暗暗想，要是這輩子都出不來(lái)，就更好了。

????這是美國(guó)政府的一次高調(diào)勝利。說(shuō)實(shí)話(huà)，美國(guó)政府在對(duì)那些差點(diǎn)毀滅了全球市場(chǎng)、謊話(huà)連篇的華爾街嫌犯宣戰(zhàn)以來(lái)一直缺乏持續(xù)跟進(jìn)，有時(shí)還被弄得灰頭土臉。

????自從2008年迪克?福爾德和約瑟夫?卡薩諾將金融界帶至懸崖邊以來(lái)，美國(guó)政府只提起了一宗高調(diào)訴訟，即指控貝爾斯登(Bear Stearns)兩位對(duì)沖基金經(jīng)理犯有欺詐和內(nèi)幕交易罪。但說(shuō)實(shí)話(huà)，與其從保護(hù)投資者角度起訴這兩人，還不如起訴他們將次貸資金弄得一團(tuán)糟。

????美國(guó)政府灰溜溜地輸?shù)袅诉@場(chǎng)官司，兩天內(nèi)陪審團(tuán)都判定無(wú)罪。這次挫敗以及美國(guó)政府未起訴其他顯而易見(jiàn)的作惡者，似乎讓其他罪犯壯起了膽子。

????當(dāng)2009年拉賈拉特南被起訴時(shí)，他放言自己無(wú)罪。當(dāng)時(shí)，他管理的70億美元的Galleon對(duì)沖基金在投資科技和醫(yī)療保健業(yè)時(shí)如獲神助。

????當(dāng)然，現(xiàn)在我們知道了原因所在。拉賈拉特南和他的同伙們當(dāng)時(shí)是利用了內(nèi)幕消息進(jìn)行投資——在從董事會(huì)和其他非公開(kāi)渠道獲得利好/利空消息后，買(mǎi)入/賣(mài)出相關(guān)股票。

????拉賈拉特南的辯護(hù)律師可笑地辯解，拉賈拉特南接到高盛(Goldman Sachs)及寶潔(Procter & Gamble)董事會(huì)成員在會(huì)議結(jié)束后不久打來(lái)的電話(huà)，并非內(nèi)幕交易證據(jù)。他們聲稱(chēng)，拉賈拉特南等人只是匯集了公開(kāi)數(shù)據(jù)，拼湊成了信息雜燴或集錦，任何有心人都能做到這一點(diǎn)。

????與貝爾斯登案不同，這次陪審團(tuán)認(rèn)為絕不應(yīng)被表象所蒙蔽。

????“在這個(gè)指控罪名如此多的案子的審判過(guò)程中，每項(xiàng)指控都進(jìn)行了充分辯論，審判耗時(shí)漫長(zhǎng)，認(rèn)定被告人所有14項(xiàng)罪名均成立，說(shuō)明陪審團(tuán)充分確信政府的指控，”Baker Hostetler的白領(lǐng)辯護(hù)律師、此次擔(dān)任公訴人的喬納森?紐表示。

????是的，迪克、安吉洛和所有這些道貌岸然的家伙仍逍遙法外，本案并不會(huì)讓這些人得到應(yīng)有的懲罰。但本周三的宣判確實(shí)是一個(gè)好消息，畢竟我們中很多人的養(yǎng)老金在一定程度上還有賴(lài)于證券市場(chǎng)的回歸有序，不能再被拉賈拉特南這樣貪婪、膽大妄為的家伙所騙取。希望對(duì)他的宣判不是這場(chǎng)風(fēng)暴的終結(jié)。

????A federal jury on Wednesday found hedge fund manager Raj Rajaratnam guilty of all 14 counts of conspiracy and fraud, after he scored $64 million in a long-running insider trading scam.

????Rajaratnam, 53, now faces 20 years in prison. Here's hoping they throw away the key.

????Because the decision hands the government a high-profile victory in what has been, let's face it, a rarely joined, often humiliating battle with the Wall Street creeps who nearly blew up the world and more than lived to tell the tale.

????Since the Dick Fulds and Joseph Cassanos of the world brought the financial world to the edge of the abyss in 2008, the feds had managed to bring just one high-profile case: a fraud-and-insider prosecution of two Bear Stearns hedge fund managers who were, let's say, less than forthcoming with their investors as they drove their subprime funds into the ground.

????The government lost that one in ignominious fashion, with the jury returning an innocent verdict in all of two days. That setback, and the government's failure to even bring cases against a whole cast of other obvious miscreants, seems to have emboldened other wrongdoers, as if they needed any prompting.

????When Rajaratnam was indicted in 2009, he defiantly declared his innocence. His Galleon hedge fund, with $7 billion in funds under management, was considered the smart money in tech and health care investing.

????We now know why, of course. Rajaratnam and his confederates were using insider information to bet on sure things -- buying stocks that would rise after news they gleaned from boardrooms and other nonpublic sources, selling those that were about to take a big hit.

????Rajaratnam's defense team argued, absurdly, that the calls Rajaratnam took from a board member at Goldman Sachs (GS) and Procter & Gamble (PG) shortly after meetings ended there weren't a sign of insider trading. No, they claimed, Rajaratnam et al. were simply assembling what you might call a melange -- perhaps a pastiche? -- of public data that anyone motivated enough could put together.

????In contrast to the Bear Stearns case, the jury this time found the good sense to see through this.

????"In a case where there are so many different counts, where those counts were so hotly contested, and where there was such a long trial, to see him found guilty on all 14 counts shows that the jury was totally convinced by the government's arguments," says Jonathan New, a white collar defense attorney at Baker Hostetler who worked as a prosecutor.

????So yes, Dick and Angelo and all those cool guys are still on the loose, and this case is not going to put any of them where they belong. But Wednesday's verdict is good news for those of us whose retirements depend in part on preventing securities markets from getting milked by greedy, nihilistic jerks like Rajaratnam. Let's hope his conviction isn't the end of that story.