SEC has issued an order instituting proceedings against Rajat Gupta, a distinguished alumnus of IIT, Delhi and Harvard Business School on charges of insider trading when he was a Director in P & G and Goldman Sachs. The order is available at the following link:
http://www.thehindu.com/multimedia/archive/00492/SEC_Order_against_R_492369a.pdf
Gupta has denied the charges. A cursory reading of the order gives the impression that prima facie the charges are evidence-based. The CEO of Goldman Sachs, Blankfein has agreed to testify before the SEC.
http://www.thehindu.com/multimedia/archive/00492/SEC_Order_against_R_492369a.pdf
Gupta has denied the charges. A cursory reading of the order gives the impression that prima facie the charges are evidence-based. The CEO of Goldman Sachs, Blankfein has agreed to testify before the SEC.
1 comment:
Rajat Gupta is accustomed to quoting the famous verse from the Gita -- Karman eva adhikarasthe -- during the annual convocations in ISB. The Devil quoting the Scriptures? Any comments?
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