Bankruptcy Judge Is Really Rather Sick Of Nitpicking Over The Intricacies Of Bankruptcy Law
Which is a rather extraordinary thing to say for a bankruptcy judge, but in the case of Jay Alix v. McKinsey, we totally get it.
McKinsey
McKinsey Foe Loses Lawsuit, Makes His Point
Jay Alix will let the Department of Justice take it from here.
Man With Obvious Vendetta Against McKinsey Says He Has No Vendetta Against McKinsey
Jay Alix isn’t saying that destroying the consulting giant wouldn’t be nice, just that he’s doing it for the right reasons.
New McKinsey Conflict-Of-Interest Scandal Emerges Just In Time
It wouldn’t be right for the consulting giant not to have at least one giant question mark hanging over it.
![By Chris Potter (Flickr: 3D Judges Gavel) [CC BY 2.0], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MTIzODkyNjg0Mjc3/gavel.jpg)
On Second Thought, The Justice Dept. Does Think Something’s A Little Odd About McKinsey’s Professed Lack Of Potential Conflicts Of Interest
Especially with its president sitting atop its Chinese Wall.
McKinsey Tells Lebanon About The Economic Benefits Of Legalizing Marijuana. Marijuana Gets Legalized
"You guys export marijuana? It'd be a lot cooler if you did"
What Does McKinsey Have To Do To Make A Few Tens Or Hundreds Of Millions Of Dollars Around Here?
Having its involvement with ICE publicized is so not what the consulting giant needs right now.
McKinsey Has Either Assembled An Incredibly Conflict-Free Client Roster Or Is Hiding Something
A competitor has a sinking suspicion it’s the latter.
![This long-time Richmond resident approves. By Billy Hathorn (Mounument Avenue, Richmond, Virginia) [CC BY-SA 3.0 or GFDL], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MTkyMzQzNjYwNTA4/davis.jpg)
New Richmond Fed President A Study In Trumpian Diversity
On the surface, he looks like everyone else at the Fed, but dig a little deeper….
Rajat Gupta Appealing Suggestion Passing Material Non-Public Info To Hedge Fund Manager Friend Was "Insider Trading"
It's a dirty, dirty phrase and one Gupta says doesn't apply to him; he's waiting for others to get on board.
If You're Feeling Nice And Secure In Your Wall Street Gig, Just Remember Most Of You Are Going To Be Replaced By Machines One Day Soon: McKinsey
Consultants, of course, will inherit the earth.
Prison Puts A Damper On Once Friendly Working Relationship
The Times reports that the friction between Raj Rajaratnam and Rajat Gupta around the Federal Medical Center Devens is more than a little palpable.
Rajat Gupta Defense Team: You Think Our Client Would Pass Inside Information To A Guy Who Didn't Even Have The Decency To Invite Him To His Birthday Party?
What motivates people to share material non-public information with a person they know will use it for profit? For some, it's simply about greed. For others, it's about the thrill. For yet others, it's about pillow talk. For Rajat Gupta, the McKinsey director currently on trial for allegedly passing inside information to Raj Rajaratnam, it's about friendship, according to prosecutors who are trying to make the case that Raj and Rajat were the best of buds and that's what buds do. They they back each other up when they drunkenly hit on the girlfriend of the wrong guy at the bar, they stand up as best men at each others' weddings, they pick up the phone and say "Buy GS" when they know for a fact Warren Buffett is about to do so, too. And although attorneys representing Gupta don't deny the two were thick as thieves, they argue that while perhaps back in the day Rajat would have provided useful information to Raj, there is no way he would have done so after Big R twice violated the bonds of friendship. In the first instance, there was this: Defense attorneys have argued that Messrs. Gupta and Rajaratnam had a falling out in fall 2008 after Mr. Gupta lost his entire $10 million investment in a fund managed by Mr. Rajaratnam and therefore wouldn't have passed along inside information...The precise timing of their relationship's deterioration could be crucial in proving Mr. Gupta's guilt or raising doubts in the minds of jurors about whether he conspired to commit securities fraud...Defense attorneys have said Mr. Gupta was furious at Mr. Rajaratnam in the fall of 2008, when Mr. Gupta's $10 million investment in a fund called Voyager Capital Partners Ltd. evaporated. According to Mr. Kumar's testimony, Mr. Gupta felt Mr. Rajaratnam's negligence had allowed Voyager to collapse. And then this happened: