NEW YORK, NY - APRIL 12: Richard Schutte (center), the former executive with the Galleon Group, enters a Manhattan Federal Court on the second day of the defense phase of the trial for billionaire ... more 
NEW YORK, NY - APRIL 12: Richard Schutte (center), the former executive with the Galleon Group, enters a Manhattan Federal Court on the second day of the defense phase of the trial for billionaire Galleon Group hedge fund cofounder Raj Rajaratnam on April 12, 2011 in New York City. Prosecutors allege that Rajaratnam pocketed $45 million by illegally trading on insider stock tips. While Rajaratnam's lawyers contend that he made legal trades using public information, prosecutors have called it the largest-ever hedge fund insider trading case. (Photo by Spencer Platt/Getty Images) less 
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Getty Images | Photo By Spencer Platt / Getty Images
Tue, Apr 12, 2011 10:08 AM EDT