Joe Weisenthal
Business Insider
10/25/2011
Bombshell from Dealbook: Rajat Gupta, the former McKinsey Chairman and Goldman boardmember will be charged criminally with insider trading in the Galleon case.
Gupta has been in a cloud of suspicious over leaking confidential information to Raj Rajaratnam, the Galleon hedge fund manager, who was recently sentenced to 11 years in prison.
He has previously been charged in a civil capacity by the SEC relating to his conveying the fact that Goldman was to received an investment from Berkshire Hathaway during the financial crisis.