Tags: friends of Raj Rajaratnam, insider-trading, Rajat Gupta, schedules
Rajat Gupta, the former Goldman Sachs Group director convicted in a 2012 insider trading scheme tied to the Galleon Group LLC hedge fund, agreed to surrender to prison authorities on June 17 to begin a two-year sentence, a federal judge in Manhattan said. Gupta, 65, lost a bid for a new trial last month, when a three-judge appeals panel upheld his conviction. U.S. District Judge Jed Rakoff said in an order made public today that Gupta and prosecutors consented to the surrender date. [Bloomberg]
Tags: business school, Danny Kuo, groups that model themselves after the underground alliance depicted in the movie Fight Club, insider-trading, Marshall School of Business, MBA v CFA, resumé builders, USC
In the spring of 2001, though he didn’t know it at the time, Mathew Martoma made a horrible mistake. After being expelled from Harvard Law School for falsifying his transcripts, Martoma (né Thomas) applied, was accepted to, and ultimately chose to attend Stanford’s Graduate School of Business. While having an MBA on his resumé may have helped Martoma in the short-term, years later it would cause him immeasurable heartache, when Stanford stripped him of his degree, deciding that it was too good to have a convicted insider trading among its alums. One business school not too good to embrace a person convicted of securities fraud? University of Southern California’s Marshall School of Business. Danny Kuo found this out when he was looking for some sort of diversion to keep his mind off of the possibility of going to prison in 2012. Read more »
Tags: deals, vanity plates
In fairness, the above is slightly more subtle than RNMAKER and MKT WIZ.
Tags: Credit Suisse, Layoffs, things that will leave a mark
Denizens of the House of Dougan may want to gird their loins for the next several months. Read more »