The Universe Has Good News And Less Good News For Rajat Gupta

The less good news is that a jury found the former McKinsey executive guilty on three counts of securities fraud and one count of conspiracy for passing material non-public information to his friend*, convicted insider trader Raj Rajaratnam. The good news:

1. Rajat could go to jail for twenty years but probably won’t (“Gupta faces up to 20 years in prison on each of the fraud charges and up to five years for the conspiracy charge. But his sentence is likely to be significantly lower under federal guidelines.”)
2. Sentencing is scheduled for October 18 so he’s got the whole summer and then some to get into a Zen place about going to prison. Also! Plenty of time to do all those things he was too busy for when he was working. Read a whole book, from beginning to end. Play frisbee golf. Whatever. This is gonna be his time. Time to taste the fruits and let the juices drip down his chin. The Summer of Rajat!

Gupta Found Guilty Of Insider Trading [WSJ]

*Friend Rajat’s ass.

(hidden for your protection)
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78 Responses to “The Universe Has Good News And Less Good News For Rajat Gupta”

  1. AIG Pun Quant says:

    "Time to taste the fruits and let the juices drip down his chin."

    ……….softball toss

  2. Friday says:

    He's saying pull my finger.

  3. Gym says:

    Well, at least you can come to my birthday party this year?


  4. IgnorantBastards says:

    let's have a "call the sentence" game….

  5. N Wacker Stud says:

    McKinsey > GS > Houston

  6. Biggie says:

    You win some you lose some, damn they lost a brother, his mother lost a son.

    – Couldn't Help It

  7. Bandersnatch says:

    Is there a moral to this story?
    – Aesop

    • guest says:

      There are pros and cons to insider trading?

    • FKApmco says:

      Dear Aesop: I'll go with
      Greed often over reaches itself (from The Goose with the Golden Eggs) and
      Fine feathers don't make fine birds (from The Peacock and The Crane)

  8. Grinders says:

    "… so he’s got the whole summer and then some into a Zen place about going to prison."

    So nice of the 3 WSJ writers (and an editor?) to put a word puzzle right in the middle of their articles.

  9. mrs. gupta says:

    If you squint hard enough, you can make out an aged charlie sheen

    • Fwied Wice says:

      I have a feeling it doesn't work the same way with Mrs. Gupta and Kacey Jordan…

  10. دبي القصيرة says:

    أنا أحب اتفاق الكسارة!

  11. adsfasdfa says:

    Thank you, come again.

  12. JDan says:

    Havinagudime Vishinuverhere
    -Gupta's long lost cousin or how he will sign postcards from prison, or Tim Kazurinsky character from SNL in the 80's

  13. Meister Gupta says:

    Not too late for him to join the Night's Watch, it's an honorable order, to make amends for what he has done.

  14. CarriedInterest says:

    Shotty bottom bunk bed

    -R. Rajaratnam

  15. Turnip Truck says:

    Does he dare eat a peach?

  16. Apu says:

    Let's take a relaxed attitude toward work and watch the baseball match. The Nye Mets are my favorite squadron.

  17. Rajat Costanza says:

    This was supposed to be the summer of Rajat!

  18. guest says:

    rajat is officially the stupidest person in the history of the world. let's see, I'm worth ~100 million, am sittting at the pinnacle of the global business/professional services world, and not currently in prison. perhaps I should risk all of the above to make some fat, disgusting and obviously crooked hedge fund billionaire even richer. oh, and I won't profit from it. hmmm….

  19. WhySoSerious says:

    I could eat a peach for hours

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    Finally some justice!

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