Description: Rajat Gupta, who reached the pinnacle of corporate America as managing partner of McKinsey & Co. and as a director at Goldman Sachs Group Inc. and Procter & Gamble Co. (PG), was convicted by a federal jury of leaking inside information to hedge-fund manager Raj Rajaratnam.

Source: Bloomberg.com

Date: June 15, 2012

Link: http://www.bloomberg.com/news/2012-06-15/rajat-gupta-convicted-of-insider-trading-by-u-s-jury.html

Questions for Discussions:

• Do you believe the publicity surrounding this case will affect managers’ thinking or their behaviors?
• What does this story say about the public image of people and the law?