| Description |
1 online resource : illustrations |
| Series |
SAGE Knowledge. Cases |
|
SAGE Knowledge. Cases
|
| Summary |
This case recounts the story of Rajat Gupta, a Goldman Sachs board member and senior partner emeritus of McKinsey & Co., who was accused by the government of giving critical non-public financial information to Raj Rajaratnam, Galleon Group founder, during the financial crisis of 2008. The information passed along to Rajaratnam was about a pending $5 billion investment by Warren Buffett's Berkshire Hathaway in Goldman Sachs at a time when its stock had been faltering. The government alleged that based on this information, Rajaratnam purchased a large number of shares in the company and then sold them when the deal became public and Goldman's stock rose. Rajaratnam purportedly made $18 million on these trades |
| Notes |
Originally Published InReed, M. M., & Brunson, R. R. (2013). Alleged board insider trading: The case of Rajat Gupta. Journal of Business Ethics Education, 10(1), 339-360. JBEE10-0CS2 |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Description based on XML content |
| Subject |
Gupta, Rajat, 1948-
|
|
Rajaratnam, Raj
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Buffett, Warren
|
| SUBJECT |
Buffett, Warren fast |
| Subject |
Goldman, Sachs & Co.
|
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McKinsey and Company.
|
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Galleon Group.
|
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Berkshire Hathaway Inc.
|
| SUBJECT |
Berkshire Hathaway Inc. fast |
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Goldman, Sachs & Co. fast |
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McKinsey and Company fast |
| Subject |
Insider trading in securities -- United States -- Case studies
|
|
Insider trading in securities
|
|
United States
|
| Genre/Form |
Case studies
|
|
Case studies.
|
|
Études de cas.
|
| Form |
Electronic book
|
| Author |
Brunson, Rochelle R., author
|
| ISBN |
9781526460820 |
|
1526460823 |
|
