Raj Rajaratnam may have a bold-faced neighbor at the Butner, N.C., federal prison complex, the Galleon Group founder's possible future home.

Today, the convicted insider trader was sentenced to 11 years in prison. Rajaratnam's defense team asked that he serve his prison term at the Butner Federal Correction Complex. Bernie Madoff is currently the prison's most famous white-collar inmate. (The Bureau of Prisons will make the call about where Rajaratnam will go.)

The...