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Rajaratnam gets big screen treatment

October 28, 2011   Rob Copeland

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Convicted hedge funder to be subject of Hollywood “financial mafia drama.”

Locked-up Galleon Group founder Raj Rajaratnam’s girth will soon be stretched across the big screen.

Rajaratnam will be the subject of a new movie, “Billion Dollar Raja,” that producers are promoting as “an investigative financial mafia drama.” The movie will be released at an indeterminate date after filming next fall mostly in New York City, where Rajaratnam was found guilty this year on 14 counts of securities fraud and conspiracy. He was sentenced earlier this month to 11 years in prison.

In an interview with AR, director Nayan Pedrai said the real-life story of the hedge fund manager’s unraveling was far more screen-worthy than other recent Hollywood attempts to portray the financial crisis, including Oliver Stone’s “Wall Street 2: Money Never Sleeps.”

“A lot of those stories have been amalgamations of events, but there’s stuff in here you can’t make up,” Pedrai said. “There’s sexual encounters, there’s backstabbing, there’s backbiting—it’s amazing that people who oftentimes we think are so much bigger than all of us are as human and as messed up as all of us. It’s a real great story of greed and downfall.”

See also:
Would Raj risk it all for a mere $45 million?
Lessons learned from the Rajaratnam case
Galleon pros get new jobs
Galleon, Karsch alums start risk consulting firm


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