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Corporates: Insider Trading

Rajat Gupta, 65, the ex-Goldman Sachs boss and Indian-American icon convicted for insider trading, loses SC appeal. To be jailed till ’15-end, faces $14 mn civil suit as well.

The undoing Rajat Gupta leaving court

AFP (From Outlook 07 October 2013)

Rajat Gupta

AFP (From Outlook 19 August 2013)

Mathew Martoma, center, former SAC Capital Advisors hedge fund portfolio manager exits Manhattan federal court with his wife Rosemary, right.

AP/PTI

Former Goldman Sachs and Procter & Gamble Co. board member Rajat Gupta, center, arrives outside federal court in New York Wednesday, Oct. 24, 2012. Gupta was sentenced for two years in jail and USD 5 million after being found guilty insider trading by passing secrets between March 2007 and January 2009 to a billionaire hedge fund founder who used the information to make millions of dollars. At right is Gupta's attorney Gary Naftalis.

AP Photo/Craig Ruttle

Rajat Gupta, right, declines to answer questions as he leaves federal court in New York, Wednesday, Oct. 24, 2012 after the former Goldman Sachs and Procter & Gamble Co. board member was sentenced to 2 years in prison for feeding inside information about board dealings with a billionaire hedge fund owner who was his friend. Left is Gupta's attorney Gary Naftalis.

AP Photo/Craig Ruttle

Rajat Gupta, center right, leaves federal court in New York, Wednesday, Oct. 24, 2012 after the former Goldman Sachs and Procter & Gamble Co. board member was sentenced to 2 years in prison for feeding inside information about board dealings with a billionaire hedge fund owner who was his friend. At left is Gupta's attorney, Gary Naftalis.

AP Photo/Craig Ruttle

Former Goldman Sachs director Rajat Gupta (left) and his attorney Gary P. Naftalis leave federal court in New York. Gupta, accused of feeding confidential information to a corrupt hedge fund manager, has been convicted of conspiracy and three counts of securities fraud.

PTI Photo

Scandal Sheet
THE DEPTHS Once an exemplar of NRI acumen, ex-McKinsey CEO Rajat Gupta (right) leaves a New York court with a face like thunder. He faces charges of massive insider trading.

AP

Billionaire co- founder of Galleon Group Raj Rajaratnam exits Manhattan federal court with his attorney terence Lynam, in New York. The former Wall Street titan was convicted of making a fortune by coaxing a crew of corporate tipsters to give him an illegal edge on blockbuster trades in technology and other stocks _ what prosecutors called the largest insider trading case ever involving hedge funds.

AP Photo/ Louis Lanzano

Raj Rajaratnam, former head of the Galleon Group hedge funds, leaves Federal Court in New York after the third day of his insider trading trial on March 10, 2011.

AP Photo/David Karp

19 FebruaryFormer Enron President and CEO Jeff Skilling arrives at the federal courthouse in handcuffs in Houston. Skilling surrendered to the FBI and has been charged with 35 counts of fraud, insider trading and giving false statements to auditors. Energy giant Enron collapsed in 2001, leaving behind 15 billion dollars in debts, its shares worthless and 20,000 workers around the world jobless.

AP Photo/Pat Sullivan