“Having fallen from respected insider to convicted inside trader, Mr. Rajat Gupta has now exchanged the lofty board room for the prospect of a lowly jail cell,” Preet Bharara, the United States attorney in Manhattan said in a statement.
Some interesting reading for the weekend:
The gangsters are back in UP (Tehelka)
Why is India Inc crying? (Open)
How the ‘Good Guy’ defence failed Rajat Gupta (NYMag)
Indo-US Relations:Less than allies, more than friends (Economist)
Homeless man turned millionaire gives the best advice I got (Forbes)
China’s abortion scandal (NewYorker)
Lance Armstrong’s last stand (Slate)