Rajat Gupta guilty of insider trading (Merged Threads)
- Thread starter chris perry
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Frank Szabo
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A federal jury Friday found former Goldman Sachs (NYSE: GS) director Rajat Gupta guilty on four criminal counts stemming from accusations of insider trading at the highest levels of U.S. finance.
Gupta, who was acquitted of two other charges, was accused of funneling inside information gleaned from his perch inside Goldman’s board to convicted former hedge fund manager Raj Rajaratnam.
Read more: http://www.foxbusiness.com/business-leaders/2012/06/15/gupta-found-guilty-on-four-criminal-counts-in-insider-trading-case/#content#ixzz1xwUbqJzV
Gupta, who was acquitted of two other charges, was accused of funneling inside information gleaned from his perch inside Goldman’s board to convicted former hedge fund manager Raj Rajaratnam.
Read more: http://www.foxbusiness.com/business-leaders/2012/06/15/gupta-found-guilty-on-four-criminal-counts-in-insider-trading-case/#content#ixzz1xwUbqJzV
Glenn Quagmire
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- Apr 30, 2012
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Duplicate thread:
http://airlineforums.com/topic/53680-former-board-member-gupta-guilty-insider-trading/
http://airlineforums.com/topic/53680-former-board-member-gupta-guilty-insider-trading/
Frank Szabo
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Thanks for the info - now do somerthing useful and take down the topic if it really bothers you that much.
Glenn Quagmire
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- Apr 30, 2012
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I simply pointed out that someone else had already started a thread on the exact topic. I assume you did not see it unless you just wanted to have your name on it instead of someone else.
I am not a moderator so I can not take down anything.
Having a bad day?
I will give you a click on the green button now. I hope it makes you feel a little better.
Rajat Gupta was on the board of P&G, Goldman Sachs and AMR. He also served as a trustee to the Rockefeller Foundation and was on the board at MIT Sloan School of Management.
http://en.wikipedia....iki/Rajat_Gupta
Judith Rodin is President of the Rockefeller foundation and serves on the board of Citigroup, AMR and Comcast.
http://en.wikipedia....ki/Judith_Rodin
William Swelbar serves on Hawaiian Airlines board, works in research at MIT Sloan and has his website served by Comcast. He is quoted in the Reuters "India edition" on the AMR/USairways merger. Citigroup has some ties to India as a global bank, the US reuters versions of the articles do not quote Swelbar so far as I know. He has been a firm opponent of the viability of an AMR/USAirways merger in his published "financial analysis" which has since been heavily edited since. The original analysis could be considered by wall street standards to be unusually pro-Citigroup, IMO. No disclosure of William Swelbar's relationship with AMR or Citigroup has been made so far as I know, however, his research program at MIT Sloan school of business appears to be funded in part by American Airlines.
I read somewhere that AMR credit default swaps were trading at 3x industry standards in early may when the Gupta's was heating up. I have not verified the CDS quotes and I'm not aware this was covered in the trial or if it is even relevant as correlation is not causation.
Feel free to correct any mistakes I may have made here. Disclosure - I have a conflict with Citigroup with respect to an Anti-Trust litigation regarding the Airline Industry in the United States.
http://en.wikipedia....iki/Rajat_Gupta
Judith Rodin is President of the Rockefeller foundation and serves on the board of Citigroup, AMR and Comcast.
http://en.wikipedia....ki/Judith_Rodin
William Swelbar serves on Hawaiian Airlines board, works in research at MIT Sloan and has his website served by Comcast. He is quoted in the Reuters "India edition" on the AMR/USairways merger. Citigroup has some ties to India as a global bank, the US reuters versions of the articles do not quote Swelbar so far as I know. He has been a firm opponent of the viability of an AMR/USAirways merger in his published "financial analysis" which has since been heavily edited since. The original analysis could be considered by wall street standards to be unusually pro-Citigroup, IMO. No disclosure of William Swelbar's relationship with AMR or Citigroup has been made so far as I know, however, his research program at MIT Sloan school of business appears to be funded in part by American Airlines.
I read somewhere that AMR credit default swaps were trading at 3x industry standards in early may when the Gupta's was heating up. I have not verified the CDS quotes and I'm not aware this was covered in the trial or if it is even relevant as correlation is not causation.
Feel free to correct any mistakes I may have made here. Disclosure - I have a conflict with Citigroup with respect to an Anti-Trust litigation regarding the Airline Industry in the United States.
eolesen
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- Jul 23, 2003
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My brother has his cable from Comcast, I had my picture taken at Rockefeller Plaza once, we've both used P&G products, and Mitt Romney used to be on the board at MIT, too (the Governor of MA has a seat).
Does that somehow rope me, my brother, and Mitt into your conspiracy, too?...
Fact is that Swelbar is not associated with Sloan. He's with the International Center for Air Transportation. Sloan and ICAT share nothing except for the same zip code, the MIT logo, and a few administrative departments which serve all six of the schools/colleges and all 32 of the research institutions that are housed on the campus.
Fact is you'd be hard pressed to find another research institute of higher standing in the US except perhaps for Stanford. The help AA's gotten from schools like UT, OU, and SMU hasn't exactly worked out too well.
Disclosure: I use my Citibank card. A lot.
Does that somehow rope me, my brother, and Mitt into your conspiracy, too?...
Fact is that Swelbar is not associated with Sloan. He's with the International Center for Air Transportation. Sloan and ICAT share nothing except for the same zip code, the MIT logo, and a few administrative departments which serve all six of the schools/colleges and all 32 of the research institutions that are housed on the campus.
Fact is you'd be hard pressed to find another research institute of higher standing in the US except perhaps for Stanford. The help AA's gotten from schools like UT, OU, and SMU hasn't exactly worked out too well.
Disclosure: I use my Citibank card. A lot.
Caltech > MIT?
I don't want to pick on anyone and I'm sorry that people seem to "hate" you eolesen for YOUR opinions. The idea the forum has a hate button is deplorable, IMO. Here is the latest from MIT, who knows which version of the edits you will get. Caltech does have higher standards, IMO.
http://web.mit.edu/a...t_overview.html
I don't want to pick on anyone and I'm sorry that people seem to "hate" you eolesen for YOUR opinions. The idea the forum has a hate button is deplorable, IMO. Here is the latest from MIT, who knows which version of the edits you will get. Caltech does have higher standards, IMO.
http://web.mit.edu/a...t_overview.html
