People helping people is all this is about.

Kumar has admitted accepting $1.75 million from Rajaratnam, a one-time billionaire, in exchange for supplying tips on McKinsey clients, including chipmaker Advanced Micro Devices. On the witness stand, he recounted that the Galleon Group hedge fund founder told him: “You work very very hard. You are underpaid. People are making fortunes … so just keep track of your knowledge and share it with me.”

And for this he should be punished? If helping out a friend in such a way is wrong, Raj doesn’t want to be right. Also, who’s to say Raj was looking for ‘knowledge’ about publicly traded companies? He could’ve very well been asking Kumar to share his formidable pop culture knowledge as Big R geared up for trivia night and the request was misinterpreted. The defense rests!

Ex-McKinsey partner tells jury he tipped Rajaratnam [Reuters]

13 comments (hidden to protect delicate sensibilities)
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Comments (13)

  1. Posted by Guest | March 10, 2011 at 10:19 PM

    Surely 6 of his seven lawyers must have packed up their things and left at that point. Guilty, guilty, guilty.

  2. Posted by Raj | March 10, 2011 at 10:21 PM

    Anil, only you can make a dark man blush

  3. Posted by Guest | March 10, 2011 at 10:23 PM

    waaaaaait wait wait wait wait wait wait……wait…….his name’s Anil.

  4. Posted by Guest | March 10, 2011 at 10:41 PM

    He skipped the first part where Raj-daddy offered to compensate Anil with something more precious to Big Poppa than any money, pints of gravy.

  5. Posted by Guest | March 10, 2011 at 10:54 PM

    Leaving off the trail end where he says:

    “And you look purrrty too. Yep real purrrty. Now do that this with your bottom that I like. You know, that wiggle. Yeah. That’s nice. Now put on those Lululemons that I got you…”

  6. Posted by Enwrong | March 10, 2011 at 11:00 PM

    There is nothing wrong with the temptation of a McKinsey man.

    -J. Skilling

  7. Posted by BrokeAss 'igga | March 11, 2011 at 12:18 AM

    Fark! I wish Jabba-the-hut was a more generous with his money and threw a couple a million my way.

    -guy-who-needs-a-few-millon

  8. Posted by Peter Davis | March 11, 2011 at 1:33 AM

    Fortunately for those involved, the judge sealed the testimony of Kumar’s deposition, in which he admitted offering to Rajaratnam: “I’ll suck your cock for $1.75 mil.” The Raj, not wanting his public image tarnished countered with: “You know, why don’t I just give you the money for insider trading, and you just suck my cock for nothing?”

  9. Posted by Guest | March 11, 2011 at 2:28 AM

    wow.

  10. Posted by Guest | March 11, 2011 at 2:42 AM

    Like your Twitter bg. Thanks for brining it out!

  11. Posted by Guest | March 11, 2011 at 2:42 AM

    *bringing

  12. Posted by Peter Davis | March 11, 2011 at 5:45 PM

    thx

  13. Posted by Forex Broker Comparison | September 4, 2012 at 6:26 PM

    companies upon the green grass. Acts Chapter 14 practice. The ability to transport canoes through lakes and rivers