Hedge fund chief charged for insider trading on Clearwire

``The arrest Friday of New York hedge fund operator Raj Rajaratnam and others in an insider trading case has connections to the Seattle technology industry. Among the stocks that the billionaire Rajaratnam allegedly profited from illegally was Kirkland-based Clearwire, the wireless broadband company which raised $3.2 billion from Intel, Google, Comcast, Trilogy Equity Partners and others last year. Prosecutors allege that Rajaratnam — the leader of Galleon Group — received inside information about the massive financing round in advance from Intel Capital’s Rajiv Goel and as a result he was able to make $780,000 in illicit gains on the stock between February and May 2008.''