The $100 million bail for Galleon's founder sends a major message


On Friday, FBI agents arrested Raj Rajaratnam, founder of the Galleon Group Hedge fund, at his Manhattan home. Charged with running an insider trading scheme, he was hit with what may be the biggest bail bond in U.S. history: $100 million. By comparison, Bernie Madoff and Tyco CEO Dennis Kozlowski each paid a relatively paltry $10 million. In fact, Rajaratnam's nearest New York competitor is probably Mikhail Sorodsky, a Brooklyn man who allegedly molested eight women while practicing medicine without a license. His bond was set at $33 million in September.