Rajaratnam told Newsweek Daily Beast that he was initially asked on the day of his Oct 16, 2009 arrest to tape his conversations with Gupta.
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John Avlon is a CNN contributor and senior political columnist for Newsweek and The Daily Beast.
Newsweek married the Daily Beast online in 2008, yet continued to lose readers, advertisers, journalists and prestige.
Tina Brown, editor in chief of Newsweek and the Daily Beast, which sponsored the meeting where Clinton spoke Friday, captured the buzz when introducing her.
The good news for Brown is that she definitely traded up in merging Newsweek with the Daily Beast: Even at No. 99, the former is still 60 spots ahead of the latter.
Tina Brown says the merged entity comprising the Daily Beast and Newsweek is set to be profitable two to three years from now.
FORBES: The Daily Beast/Newsweek Profitable in 2-3 Years? Hmmm.
It sounds like Barry Diller did a better job selling himself on the idea of a Daily Beast-Newsweek merger than he did selling his opposite number, Newsweek owner Sidney Harman.
She has written for outlets like the New York Times, Newsweek, Mother Jones and The Daily Beast, and she speaks widely at conferences, on panels and on TV.
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According to an essay written by former News Corporation publishing powerhouse Judith Regan, published today on Newsweek.com and its sister site, The Daily Beast, she was once an abused wife.
Harman has had trouble recruiting a big-name editor to run Newsweek, while Diller has said publicly he thought the Daily Beast needed a print component no matter what.
Sidney Harman, an audio equipment mogul, bought Newsweek from the Washington Post Co. in 2010 and merged it with the Daily Beast later that year.
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With Newsweek losing far more money, ad sales manpower has been concentrated there, leaving the Daily Beast neglected.
FORBES: Diller: Newsweek Not Dead Yet, But Get Ready For Big Changes
One of the things that clearly we now have the benefit of, and it is a clear benefit, is we are using the Daily Beast, the internet property, to sell subscriptions to the hard book, Newsweek magazine.
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