Cavuto: Face of Financial Freefall

This is a rush transcript from "Your World," May 11, 2011. This copy may not be in its final form and may be updated.

NEIL CAVUTO, HOST OF “YOUR WORLD”: I think the president just landed a really big fish.

And he's going to capitalize on it, I think for a really long time.

I'm not talking Usama bin Laden...

I'm talking Raj Rajaratnam.

One's a terror coup.

The other could be an even bigger financial one.

That's because while bin Laden was the face of evil...

In a way, Rajaratnam was the face of a freefall...a financial freefall.

A billionaire hedge fund manager who made a fortune on the way up, and oddly, even on the way down.

Who profited handsomely off his exorbitant fees, and now we're told, his not so legal tips.

Raj found guilty on all 14 counts...everything from trading on inside information, to just lying.

And now Raj is just going to jail.

Could be for decades.

Since the meltdown, the first big Wall Street big wig to go down.

It's been a long time coming.

And for the president a prime trophy for which it's been well worth waiting.

Because for an angry public eager to see a head on a spike, Raj is going to the big house.

That’ll do just fine.

It doesn't make up for the beating folks took on their houses or their stocks...

But it does give the president a chance to show them a head on a plate.

Far more valuable than dumping a terrorist out to sea.

Closure, of sorts, for all those folks still under water.

And looking desperately for someone...

To blame.