Archive for October 26th, 2011

26 October 2011

Former head of McKinsey and Goldman Sachs board director to be charged with insider trading

Rajat Gupta surrenders to FBI in aftermath of Raj Rajaratnam’s 11 year sentence for insider trading

If he is found guilty, Mr Gupta’s would be the most prominent conviction for insider trading in recent history - he headed up McKinsey and was a director of Goldman Sachs.  Truly a high priest of finance capitalism.

We covered the Raj Rajaratnam conviction in this post.

More background on Mr Gupta here.

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