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Whether or not he broke the law, Rajat Gupta is out of the Wall Street club forever after Lloyd...

Whether or not he broke the law, Rajat Gupta is out of the Wall Street club forever after Lloyd Blankfein testifies that the former Goldman (GS) board member violated board confidentiality in discussing internal information with Raj Rajaratnam. Defense lawyers argue that the alleged tips were public knowledge.
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Comments (6)
  • Hitesh Patel
    , contributor
    Comments (314) | Send Message
     
    So Rajat Gupta doesn't make another couple of hundred million..so what. the Real question is will he be placed in the same cell as Martha Stewart and be able to carve the caption on the wall..."RG was here"
    23 Mar 2011, 05:43 PM Reply Like
  • cowpieTX
    , contributor
    Comments (29) | Send Message
     
    This case just validates what many suspected all along. GS is a scam house. They tell the public to buy while private letters to paying customers are told to sell. Get caught, blame it on the Sri Lanken.
    23 Mar 2011, 05:59 PM Reply Like
  • tigersam
    , contributor
    Comments (1711) | Send Message
     
    There is nothing like public information. Information is public when AP puts out otherwise it is insider job.
    23 Mar 2011, 07:07 PM Reply Like
  • 867046
    , contributor
    Comments (398) | Send Message
     
    One of the most difficult things that can happen to an individual long stock position is when GS upgrades it.
    23 Mar 2011, 08:27 PM Reply Like
  • William1950
    , contributor
    Comments (2) | Send Message
     
    It's Systemic Stupid!
    24 Mar 2011, 06:07 AM Reply Like
  • William1950
    , contributor
    Comments (2) | Send Message
     
    It's the Economy Stupid!
    It's Systemic Elite Behavior Stupid!
    24 Mar 2011, 06:11 AM Reply Like
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