Would you agree to be tasered for $5,000 ? Well, Keryn Limmer, a trader at hedge fund Galleon Group was once up for the challenge.
According to The Wall Street Journal, sometime in 2005, Taser International came calling on Galleon CEO Raj Rajaratnam for a pitch, and he offered the $5,000 to any staff member who would agree to be shot with a Taser gun. Up stepped Ms Limmer.
Someone struck by a Taser, of course, experiences stimulation of his or her sensory nerves and motor nerves, resulting in strong involuntary muscle contractions. Unsurprisingly, then, the trader's legs buckled beneath her from the shock, but she apparently recovered soon enough to collect her $5,000. It was probably not. however, the easiest $5,000 she ever made.
Although Taser International claims that its Taser gun is totally safe, not everyone agrees. Critics point to the danger of injury when falling after being tasered, the potential damage should the metal barbs used to deliver the electrical jolt become embedded in the skin, the possibility of cardiac arrhythmia (especially where an existing heart condition already exists), and the potential for brain injury and post-concussion syndrome.
The newspaper also reports that Rajarathnam, now accused of being at the centre of a $20m insider trading ring, called a group of his traders together for an 8.30am meeting one April Fools Day. It was apparently a while before the staff realised that the dwarf Rajarathnam introduced to the group as a new analyst who would cover 'small cap' stocks was a wind up.
Raj is probably not laughing as loudly these days, though.
Source - ehow.com
Have something to tell us about this article?