Ex-Goldman Director Rajat Gupta Fined $13.9 Million, Banned From Company Boards In Insider Trading Case
July 17 (Reuters) - Former Goldman Sachs Group Inc Director Rajat Gupta was ordered to pay a $13.9 million penalty and banned
The Billionaire's Apprentice: The Rise of the Indian-American Elite and the Fall of the Galleon Hedge Fund is a seminal work that captures the realities of race and greed in America with refreshing objectivity and efficiency, and a book that everyone should read.
Leo DiCaprio will never portray him on the screen, but the disgraced Sri Lankan American moneyman Raj Rajaratnam could well be the Jay Gatsby of our times.
Convicted of insider trading, Rajat Gupta will be sentenced Wednesday. He faces a decade in prison, but wants to substitute volunteering in Rwanda. Should he get it?
This post has been updated with details throughout. Rajat Gupta Sentencing - Inside Trading Sentence For Rajat Gupta Convicted
Known as a "5K1" letter, Monday's filing is standard. The letter tells the judge in the case whether the defendant fulfilled
(Susan Antilla, who has written about Wall Street and business for three decades and is the author of “Tales From the Boom
Will the parade of leaders who fail to fulfill their leadership responsibilities ever end? CEOs are public figures. Their actions are constantly being scrutinized inside and outside their organizations. For this reason their actions must be beyond reproach.
One of Gupta’s key defenses -- which was based partly on a wiretapped conversation in which Loeb passed insider information
Gupta's supporters will say he took on the government because he was convinced of his own innocence. As was Ravi. But was it a conviction born out of a sense of his own innocence or a hubris born out of wealth and privilege?
"This should be a model for the rest of the law enforcement community on Wall Street, but I don't have much hope for that
One particularly crucial piece of evidence related to a Sept. 23, 2008, Goldman Sachs board conference call during the financial
Gupta's lawyers also questioned the credibility of prosecution witnesses, including Goldman Sachs CEO Lloyd Blankfein. Gupta’s
The defense rested its case on Tuesday, the final day of testimony in the insider-trading trial of former Goldman Sachs board
The trial resumes on Monday and the jury is expected to hear closing arguments o n Wednesday. NEW YORK, June 10 (Reuters
Gupta, also former chief of consulting firm McKinsey & Co, is accused of telling the now-jailed Rajaratnam about a June 2008
Under cross-examination by Gupta's lead defense attorney, Gary Naftalis, Blankfein said that Galleon was a "an important
Rajat Gupta Insider Trading Trial: Ex-Goldman Director May Have Profited From Rajaratnam Link, Witness Says
"I was told he chose to exercise the option," said Mahadeva, who worked for Galleon for 12 years until Rajaratnam was arrested
Blankfein also testified that during a June 2008 meeting in St. Petersburg, Russia, the Goldman board discussed the possibility