Wednesday, April 7, 2010 as of 11:14 AM ET
Rajat Kumar Gupta (RA-jat ku-MAAR GUP-ta; ; born 2 December 1948) is an Indian American businessman who was the managing director (chief executive) of management consultancy McKinsey & Company from 1994 to 2003 and a business leader in India and the United States.
Read More at Wikipedia ›Opening arguments began Monday afternoon in the high-profile trial of Rajat K.
Gupta, a former director at Goldman Sachs and Procter & Gamble, accused of insider trading.Assistant U.S. Attorney Reed Brodsky, the chief prosecutor in the case, said the government plans to call former Goldman banker Byron Trott to the stand this week.Federal prosecutors have also hinted they may call other notables like Goldman Sachs CEO Lloyd Blankfein as well as Berkshire Hathaway's Warren Buffett. Their names were included in court filings by federal prosecutors and defense lawyers made public May 17.Gupta is charged with five counts of securities fraud and one count of conspiracy. If convicted, he faces up to 25 years in prison. He has pleaded not guilty.Earlier Monday, a jury of 12 New Yorkers and four alternates were chosen. They include a fourth grade teacher, a physician's assistant and an executive at a nonprofit. The four man, eight woman group also includes a psychiatric nurse and a freelance b...A year after four hedge funds were raided as part of a sweeping probe into insider trading, agents are ready to arrest as many as three people who worked at the raid...
FBN's Adam Shapiro on news that former Goldman Sachs Director Rajat Gupta has been charged in the Galleon insider trading case, and the Super Committee holding an open hearing today on cutting the nation's debt.
By Grant McCoolRajat Gupta, a former director of Goldman Sachs Group Inc and Procter & Gamble, was arrested on Wednesday on insider trading charges, making him the m...
The U.S. Securities and Exchange Commission said in a statement on Wednesday that it has filed insider trading charges against former Goldman Sachs director and form...
Rajat Gupta, a former Goldman Sachs Group Inc director and former global head of McKinsey & Co, was in FBI custody on Wednesday on criminal charges related to his he...
By Basil Katz and Moira HerbstA former Goldman Sachs director, who also was once the global head of elite consultancy McKinsey & Co, will surrender to the FBI on Wed...
Former Goldman Sachs Inc. (NYSE:GS) and Procter & Gamble (NYSE:PG) director Rajat Gupta pleaded not guilty to six counts of insider trading Wednesday stemming from a...
Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend...
Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend...
NEW YORK (Reuters) - Former Goldman Sachs Group Inc <GS.N> director Rajat Gupta and the U.S. Securities and Exchange Commission have agreed to drop litigation agains...
U.S. securities regulators' insider-trading case against former Goldman Sachs Group Inc board member Rajat Gupta was put on hold after federal prosecutors intervened...
NEW YORK (Reuters) - A Goldman Sachs Group Inc <GS.N> shareholder sued Rajat Gupta, a former director of the investment bank, on Monday over trades revealed at the c...
Barely a day went by at the insider-trading trial of multimillionaire hedge-fund founder Raj Rajaratnam a year ago without mention of Rajat Gupta, a boldface name in...
FBN’s Diane Macedo breaks down the stories moving the markets around the world.
The Galleon Group hedge fund wasn't alone in piling into Goldman Sachs Group Inc. stock hours before the bank announced a $5 billion investment from Warren Buffett's...
DOW JONES NEWSWIRESFederal prosecutors have added another insider-trading charge against former Goldman Sachs Group (GS) and Procter & Gamble Co. (PG) director Rajat...
Federal authorities are investigating David Loeb, a managing director of Goldman Sachs Group Inc, as part of an insider trading probe focusing on technology stocks a...
U.S. prosecutors charged seven people, described as a circle of friends who formed a criminal club, with running a $62 million insider trading scheme - the latest sa...
Authorities arrested four people and will announce charges against several more on Wednesday as part of the government's sweeping probe into insider trading at hedge...
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