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Ex-Goldmanite Rajat Gupta Convicted Of Insider Trading
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.
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I guess some of the "untouchables" have turned into very effective human shields or sacrificial lambs.
and what a shock... the Indian guy at Goldman gets thrown under the bus...
More importantly, which time slot did he get on the Club Fed tennis courts?
They're still "untouchables" but now in the "Hindu caste system" definition, rather than the "Chicago mob definition."
The secret to immunity is being bald:
lloyd Blankfein
http://tinyurl.com/cxljwbf
Henry Paulson
http://tinyurl.com/bo6g2qp
Ben Bernanke
http://tinyurl.com/cpr9sre
Neel "seven-hundred-billion-dollar" Kashkari
http://tinyurl.com/bvet2g7
Yup, that must be it. Because their isn't any other common denominator.
i think he did some dental work for me over @ deltaD while he was out on bail...
Damn. Where's my straight razor and shaving cream? I'm going on a thieving spree.
Corzine? Not bald, but not full head of hair. When do they bring charges on him?
Damn, I forgot Corzine. He's as good as bald.
Jon Corzine:
http://tinyurl.com/cdn48xz
You forgot Greenspan and Larry Summers too. Summers isnt quite bald yet, but hes only 58. That hair is receding faster than glaciers in the Arctic. Although, I'd be willing to bet he dies of a heart attack before he lives the bald life.
So you're defending Greenspan. What about his role with Charles H Keating in the S&L crisis?
As an "independent consultant" he said everything was on the up and up. Was he mistaken? Or did he just lie so he would be nominated as chairman of the FED a little after. Call me cynical, but I thought the fucker lied.
I would have downvoted you but when you start a post in italics you cant downvote. FML
Making bald(-faced) lies apparently has an equivalent effect.
it would not surprise me if the next person to go would be martha stew.....oh wait, never mind...
Corzine.
Corzine.
Corzine.
These bald guys have a clear advantage if they were to actually be jailed, they can just join the jails Aryan nation. I hear those guys like jews.
or ugly
Gupta's being an Indian had nothing to do with his conviction.
Yes, it did. If he wasn't Indian then he wouldn't have been giving his fellow South Asian insider information.
"South Asia" is not a country.
he wasnt white enough!
The expendable fool fall guy has been executed.
Let the party continue.
My sentiments exactly (see below).
that seems to be the consensus take from most if not all ZH readers.
who would have thunk we can all find something to agree on?
Blame it on the curry.
When in doubt hang the brown guy. Sad in its predictability.
To quote the movie Syriana, "We're looking for the illusion of due diligence, Mr. Pope"
Yup, once again we sentence the schoolyard drug pusher, while the drug kingpins are still flying about in their private jets making deals.
The hell of it is, most people are happy to see the schoolyard drug pusher go to jail. Makes the streets safer, don't you know. Until a new pusher arrives to pick up where the old one left off.
People...nothing gets solved until the kingpins are all behind cold steel bars. Nothing.
Good, fuck him.
Great someone found Squiggy guilty...but Lenny is still on the lam. Just more nobodies for the media to gawk at when the real criminals are still committing mass fraud.
Gotta toss one overboard now and again to keep the muppets happy.
This guy should have known he was not in the in crowd.
pods
you mean he was not a "made" banksta?
This is just another sacrificial lamb tossed under the bus to provide cover for the ongoing crimes.
I guess now that they've freed up some time on this case they'll be moving over to Corzine, let me hold my breath....
You know, their resources are limited. If their budget was just...
Well I guess Americans can now feel confident that the system is fair and balanced....
....like the news. Mmm... fair and balanced news.
he didn't have a direct phone line to the bernank to buy off the jury. Too bad. He was not big enough to not fail. Should have gone into politics instead.
Next up: McKinsey issues a case study on the proper way to leak confidential, material non-public information.
Well if it's leaked by a politician who is working with a consultancy (which then sells the info to hedge funds) it's legal anyway.
isnt there a law against convicting ex-goldmanites
Only the white ones.
He was too ugly...did not score well on media testing. So....throw him to the dogs as a sacrificial lamb.
Another expendible bites the dust.
Insider trading, horse thief scalawag. Meanwhile the robber barons still run the town.
A human sacrifice.
Hungry for a Blankfein now please.
Why is this greedy, crooked, vile, blood-sucking piece of excrement even in this country? Oh, I forgot, in the new world order we bend over backwards and throw out any and all values to open our doors to anyone who has money or will work for slave wages for large corporations. The 3rd world fits the bill perfectly.
A sacrificial lamb for the bigger criminals. The SEC had to save face to they get one of the smaller fish. It's important the SEC isn't viewed by the public as surfing porn sites all day, even though they do.
Gotta be part of "the tribe" to avoid that plank, Raj.
Seems to me that Congress is more expendible than banksta.
Well it's a good start.
Sadly, its probably also a finish. Justice to bankers died after William Black and the S&L crisis. Bankers said "Lets make sure this never fucking happens again."
This is good for the market right? I just placed an order for 100,000 XLF...I will be uber rich on Monday. Maybe I will order that new Mercedes on the weekend...no, wait, I think I should get the Bentley instead so I feel OK hanging out with my 20 something Asian friends.
I guess that means he won't be getting that Spanish job he was promised?
"The untouchables are rapidly becoming touchables"
I'll believe this the minute I see arrests warrants for Corzine, Jon and Dimon, Jamie.
Never Happen.
The Hindoo is expendable - they can always be thrown under the bus to protect "The Chosen People"
Immunity from prosecution requires that one be of The Faith of Abraham.
You guys forget the <TOP guy in Citi is a brown baron; an ideal target for "Hindu hu flung dung racist bla bla bla mongering", so prevalent here. Witches of Salem, Hindus of Gotham, we need a good heretic now and then to clean the otherwise pristine air of land of free, home of brave...
An obvious ploy to make it look at though the feds are actaully doing something... yawwnnnn..... sorta like the Feds busting into that restaurant in the original Godfather movie (just after Michael blows away the 3 guys he was dining with) and arresting the bus-boy for health-code violations for not washing his hands....
HAving said that: I'll take anything anything - especially a "twofer" like this - that further besmirches Goldman (if that were possible) and gives those insufferable stuffed-shirted jerks at McKinsey a steel- toe-capped kick n the groin.
The Lloyd works in mysterious ways.
He must be one of the honest ones !
Who cares what color his skin is. Good fokking riddance.
It'll be a slap on the wrist in Oct.
In other words, he thought he was a congressman or a senator. Those people are allowed to do that.
Go easy on the guy. Don't you realize he is facing weeks in prison?
Capital punishment for capital crimes!
These guys do more damage then any serial murderer.
the appeal will be quietly upheld and the brown guy will be free. watch
You see These indians are genetically corrupted people and Corruption is in their gene pool , its their culture and their way of live
Search about Padma Allen, how she changed the name and Looted 400 Million $ from NYC municipality
Indians are cancer to entire human race and Jews support indians because one parasite supports another parasite
Now Indians entering into top echelons of US Administration is something that is very dangerous--They are most dangerous people who will wreck entire society
I still cant understand why US is fighting a war on Terror in Syrian Soil
Entire world must unite and wage a WAR on INDIANS
They are most dangerous specimen who are living on earth
See, pregnant women? This is why you shouldn't do drugs while expecting.
hey bluepill.
you seem to be mighty heavy and negative about are indian brothers.
what happened?
where you sodomized used as a human spittoon forced to eat on the indian meat.
or just had a bad cab experiance with one.
the jew banker deserves your anger not the only brown guy in the goldman building
"the jew banker deserves your anger not the only brown guy in the goldman building."
Arguing about who's the better bigot? Don't worry. I'm sure you're both very good good at it :)
Wow. You take the "Protocols" and replace 'Jewish" with "Indian." What a clever idea!
It's hard to take your post seriously--it's kind of like a really bad cartoon. Suspect you are trolling.
There will be a day when humanity will disappear from earth because of indian parasitism, he bastards have no shame , its their culture and way of life, cheating lying and destroying everything that is beautiful and noble
Such a disgusting people who feed on other productivity without any shame
Indians have obsession to Feces and the smell of Human feces, just after they notice Human feces they mix that with water and decorate it in their walls
Even they life cow feces, they eat even Feces
Such a filthiest subhuman people live on earth without any sense of shame
But in the race to festoon roadsides with human feces, are the Indians not in fact well behind the Chinese?
One has to ask whether the Indians are the equals of the Chinese citizenism citizens when it comes to being parangons of offuscating blob-uppery and time-traveling algebraic coconut denialistic hobnobbery.
There will be a day when humanity will disappear from earth because of indian parasitism, he bastards have no shame , its their culture and way of life, cheating lying and destroying everything that is beautiful and noble
Such a disgusting people who feed on other productivity without any shame
Indians have obsession to Feces and the smell of Human feces, just after they notice Human feces they mix that with water and decorate it in their walls
Even they life cow feces, they eat even Feces
Such a filthiest subhuman people live on earth without any sense of shame
They are also very rude
Yes, that is true! When encountering them in a crowded store (as I recently did in a large Costco in Michigan), they tend to be almost unspeakably inconsiderate, pushy and oblivious to others trying to pass or get around them.
One would think that coming from a country with a population density of approximately 3,339,964 per square kilometer, the Indians would be predisposed to dealing well with others in a crowd, but just the opposite seems to be the case.
"There's never only one Roach."
http://www.domyownpestcontrol.com/images/info_pages/german_roach_stages.jpg
so how many people do you think are ever acquitted on all charges of insider trading?
Could the government let the criminals run loose in the nearly one million square feet of empy office space that the SEC signed for?
Let not forget he is not a jew
Given the anti-semitism on an otherwise great site, I'm certain there is no danger we will be allowed to forget when anyone is Jewish.
you would think when he was looking around the room, he would have thought to himself that he may be the fall guy if things went bad
BULLSHIT I SAY BULLSHIT JUST SOME BULL AND SHIT.
WHEN THEY TAKE DOWN AN INDIAN IT IS FOR SHOW A SACRIFICIAL CURRIED LAMB.
a bit of brown meat for the zombie floridated medicated scum.
i will retract the bullshit statement when some jewish folks start being busted..
until that day i say bullshit.
it's all front and no trousers
BluePill,
The filth is inside your mind and soul. Sad to see that you are so twisted. I am sure everyone who belongs to your race and nationality is honest and never commits any crimes.
There are good guys and bad guys of every race.
This guy is clearly a bad guy.
But throwing the brown guy under the bus is becoming all too common for our Jewish overlords and their WASP lackeys.
But don't worry, eventually they'll start eating their own, Madoff style.
Couldn't agree more.
Remember, Bernie Madoff (as in "Made off with the money") had to give himself up and turn himself in before they would prosecute him.
We also saw the conviction this week of R.Allen Stanford - found guilty of running a $7B Ponzi -
Does anyone seriously doubt that if R. Allen Stanford were named R. Alan Cohen he would still be running around loose?
When Jon Corzine is wearing orange, I will believe ruling class protection is starting to begin to wear off. As long as he keeps Bundling for Barack, it won't happen.
jim henson would be shocked.
You were a GREAT man Gunga Din (or something like that)...Cary Grant, fm. the movie
What, if it was a Chinese guy instead, you gonna call him a thievin ricebrained slant eyed chink? You racist ass motherfuckers... keep yer ditry primate thoughts to yerselves. Thieves come only in one color: nasty.