'Rajat Gupta sentence to deter others'

Agencies: New Delhi, Thursday, Oct 25, 2012 at 1328 hrs IST
Manhattan's India-born top federal prosecutor Preet Bharara has termed former Goldman Sachs director Rajat Gupta's two-year sentence on insider trading charges a "sad occasion" that will deter others from breaching their corporate duties and leaking boardroom secrets. Gupta, 63, was sentenced   ....Read more
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Reader's Comments (4)| Post a Comment

Fe Comment

ABHA CHAWLA MOHANTY | Thursday , 13 Dec '12 8:51:43 AMReply | Forward
MINDSET .....DESPITE RICHES...DEPLORABLE?????????????

why he got only 2 years? Must be 35 years.

Devan | Monday , 3 Dec '12 8:04:55 AMReply | Forward
He deserves jail for 35 years surely. Some corruption there also?

Double standards

Nazir | Tuesday , 30 Oct '12 13:59:42 PMReply | Forward
Being a US born and knowing the consequences of the crime, Rajat is lucky to get away with just 2 years in jail. A few years ago a Pakistani investment banker was jailed for 25 years for a similar crime.

quid-pro-quo

shankaran | Tuesday , 30 Oct '12 12:45:35 PMReply | Forward
dear bro, hard luck for you that you are in US. Had you been in India, you would have been exonerated "honourably" under quid-pro-quo theory. because your prosecutors failed to show"quid-pro-quo" for your favour. Hard luck that you travelled fron "quid-pro-quo" land to Us where crime is treated as crime not only when you are benefited but when you commited.

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