No Need To Worry About Scheduling Board Conference Calls Around Rajat Gupta’s Time At The Prison Phone


John Roberts & co. may yet spring Rajat Gupta from the hoosegow, but even if it does, it won’t let him start collecting board checks again.

The U.S. Supreme Court rejected an appeal by Rajat Gupta, the former Goldman Sachs Group Inc. director convicted of insider trading, leaving in place a lifetime ban on serving as an officer or director of a public company.

Ex-Goldman Director Gupta Rejected by Top Court on Lifetime Ban [Bloomberg]