Ex-Goldmanite Rajat Gupta Convicted Of Insider Trading

Tyler Durden's picture

The untouchables are rapidly becoming touchables, as former Goldman director and McKinsey head is found guilty of insider trading.

  • RAJAT GUPTA CONVICTED OF INSIDER TRADING BY U.S. JURY
  • GUPTA FOUND GUILTY OF FOUR COUNTS AND ACQUITTED ON TWO CHARGES
  • RAJAT GUPTA MAY REMAIN FREE ON BAIL UNTIL SENTENCING OCT. 18
  • GUPTA FOUND NOT GUILTY ON ONE COUNT, JURY STILL READING VERDICT

Next up: McKinsey issues a case study on the proper way to leak confidential, material non-public information.