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“The court can say without exaggeration that it has never encountered a defendant whose prior history suggests such an extraordinary devotion, not only to humanity writ large, but also to individual human beings in their times of need”

That’s one way of looking at it. Judge Rakoff sentences former McKinsey chief Rajat K. Gupta to two years and $5 million fine for insider trading.

See also: Guilty! Former head of McKinsey and Goldman Sachs director convicted of insider trading

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Posted on 26 October 2012 at 12:41 pm in Financial services and market conduct, UK government   |  RSS feed

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