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Ashton
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Username: Ashton

Post Number: 13056
Registered: 05-2008
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Posted on Tuesday, October 25, 2011 - 11:12 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

http://www.businessinsider.com/raj-gupta-to-be-charged-crimi nally-with-insider-trading-2011-10

Bombshell from Dealbook: Rajat Gupta, the former McKinsey Chairman and Goldman boardmember will be charged criminally with insider trading in the Galleon case.
Gupta has been in a cloud of suspicious over leaking confidential information to Raj Rajaratnam, the Galleon hedge fund manager, who was recently sentenced to 11 years in prison.

He has previously been charged in a civil capacity by the SEC relating to his conveying the fact that Goldman was to received an investment from Berkshire Hathaway during the financial crisis.

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