Alleged board insider trading : the case of Rajat Gupta / Marlene M. Reed, Rochelle R. Brunson.

Format:

Book

Author/Creator:

Reed, Marlene M., author.

Brunson, Rochelle R., author.

Series:

SAGE Knowledge. Cases.

SAGE Knowledge. Cases

Language:

English

Subjects (All):

Insider trading in securities--United States--Case studies.

Insider trading in securities.

Gupta, Rajat, 1948-.

Gupta, Rajat.

Goldman, Sachs & Co.

McKinsey and Company.

Rajaratnam, Raj.

Galleon Group.

Buffett, Warren, 1930-.

Buffett, Warren.

Berkshire Hathaway Inc.

United States.

Genre:

Case studies.

Physical Description:

1 online resource : illustrations.

Place of Publication:

London : NeilsonJournals Publishing, 2013.

System Details:

text file

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.

Includes bibliographical references and index.

No ILL or scholarly sharing allowed.

Description based on XML content.

ISBN:

9781526460820

OCLC:

1089147717

Access Restriction:

Restricted for use by site license.