* How did Rajat Gupta‚ who belonged to the highest echelons of corporate America‚ the golden boy of Indian Americans‚ get convicted of insider trading? How did Rajaratnam get tips on companies like Intel? * Rajat Gupta’s impending journey into the federal prison system for criminal insider trading ends a remarkable success story and punctuates his swift fall from grace. * A native of Kolkata‚ Mr. Gupta‚ 63 years old‚ moved at a young age to New Delhi. His father‚ Ashwini‚ a disciple of Mohandas
Premium Board of directors Goldman Sachs Business school
years in prison and order him to pay $5 million in fine? The Verdict In June 2012 Rajat was convicted on the charges of insider trading in relation to the case of Rajaratnam‚ the founder of Galleon hedge fund. The SEC’s Enforcement division had filed a case against Rajat that he had leaked critical and important information to Rajaratnam and had made illicit gains amounting to $18 million. The SEC alleged that Rajat Gupta had leaked critical information about Goldman Sachs and P&G while serving
Premium Goldman Sachs Harvard Business School
money can’t buy. Examples given in the article: Raj Rajaratnam A Sri Lankan American former hedge fund manager and billionaire founder of the Galleon Group‚ a New York-based hedge fund management firm. On October 16‚ 2009‚ he was arrested by the FBI on allegations of insider trading‚ which also caused the Galleon Group to close and on May 11‚ 2011 was found guilty on all 14 counts of conspiracy and securities fraud. On October 13‚ 2011‚ Rajaratnam was sentenced to 11 years in prison and fined a
Premium Maslow's hierarchy of needs
opportunity fraud would not happen as easily. The three elements of the opportunity triangle include: committing the fraud‚ concealed the fraud‚ and convert to personal gain. Rajat leaked insider information to Mr. Rajaratnam which is the crime that was committed. Rajat told Mr. Rajaratnam information right when he found out so it would not look suspicious‚ which was Rajat way of concealing the information. Converting the crime to personal gain was not part of this crime. Rajat did not use it for
Premium Goldman Sachs Berkshire Hathaway Harvard Business School
Manam: First things first. The movie is director Vikram Kumar’s phenomenal saga. The adorable reincarnation love stories were the soul of the film and how they relate to each other forms the rest of it. NagaChaitanya improved a lot in his dialogue articulation/expressions. His costumes were splendid. Samantha’s acting was incredibly impressive and she was exquisite throughout the movie. The major part of the story runs around Nag’s character. Shreya was perfect for him. Nageshwar Rao’s
Premium Entertainment Film Actor
studies of flow in steep‚ rough channels. Journal of Hydraulics Division 86 (9)‚ 55–75. Rajaratnam‚ N.‚ 1962. Profile equation for the hydraulic jump. Water Power 14‚ 324–327. Rajaratnam‚ N.‚ 1965. Submerged hydraulic jump. Journal of the Hydraulics Division 91(HY4)‚ 71–96. Rajaratnam‚ N.‚ 1967. Hydraulic jumps. In: Chow‚ V.T. (Ed.)‚ Advances in Hydroscience. Academic Press‚ New York‚ pp. 197–280. Rajaratnam‚ N.‚ Subramanya‚ K.‚ 1968. Profile of the hydraulic jump. Journal of the Hydraulics Division
Premium Hydraulics Fluid dynamics Hydraulic engineering
signed a document. By virtue of that document‚ the Association of Southeast Asian Nations (ASEAN) was born. The five Foreign Ministers who signed it _ Adam Malik of Indonesia‚ Narciso R. Ramos of the Philippines‚ Tun Abdul Razak of Malaysia‚ S. Rajaratnam of Singapore‚ and Thanat Khoman of Thailand _ would subsequently be hailed as the FoundingFathers of probably the most successful inter-governmental organization in the world today. And the document that they signed would be known as the ASEAN Declaration
Premium Southeast Asia Singapore
formerly the Managing Director of McKinsley and Company was arrested for insider trading. Insider trading is the illegal practice of trading on the stock exchange to one’s own advantage through having access to confidential information. In this case‚ Rajaratnam‚ an acquaintance of Mr. Gupta‚ invited the latter to a dinner and supposedly‚ intimate
Premium Stock market Sociology Capitalism
Personal Statement: Yam Raj Giri (AAMC ID#13693679) It was a beautiful Sunday morning; I was on call doctor working in the emergency room. A 50-year-old man with a past history of severe depression and alcohol use disorder was brought in by ambulance for a suicidal attempt by ingestion of pesticide. A suicide note stated-“I don’t want to live like this anymore’’. Despite the treatment‚ the patient passed away. This was the first case that struck me and was an eye opener that mental health is an
Premium Medicine Patient Health care
Laxapana Batteries PLC Annual Report 2010 / 2011 Our Mission “Our mission is to provide best value energy generating products” To our shareholders - We will continuously improve our manufacturing capabilities and technology as part of our growth strategy and thereby improve profits and return on investment. To our customers - We will provide high quality products that will consistently meet customer expectations. To our employees - We will create a work environment where employees will be
Premium Balance sheet Financial statements