The punishment to Gupta cannot stop legal looting by wolves. Stock market public kheey lhiyee naahey. Infact, it is opposite i.e public kooha loot-neey khey lhieey hein in long run. Drain their funds legally. Yeha jJews aur bania types have legal strategy how they can own/buy corporations majority stock and money market without producing anything innovative or productive. Essey (stock markets) kooha bandh (ban) khar dheynaa chaahiyee. IT DOES NOT SERVE ANY PURPOSE such as public equity. it is more of public manipulation and looting.
Let us not jump to conclusion as SEC has the tendency to make such claims particularly people of Asian origin.He is a great philanthropist & represents large corporates with enough money.Why would he jeopardize his reputation for Rajratnam?It is not yet clear if he bought shares on his phone call or some other member of GS.Rajat is smart enough not to use his phone to release such information if that be the case.
Re: This is effort to tarnish image of an Indian who did well in
by Jasad Dusty on Mar 05, 2011 01:39 PM
100% True...only an enlightened person can write what you have written. Bravo and thanks.
Mr Rajat Gupta is an immigrant American. He may have been born and educated in India but beyond this there is no need for us Indians to feel ashamed of what is purely a personal problem of Mr Rajat Gupta. There are other Americans too who have gone down the same road and suffered its consequences and so will Mr Rajat Gupta. It is sad to read some of the posts which berate an entire people. This is the worst kind of stereo typing and develops a completely unconnected guilt complex. Why should we Indians feel ashamed about Mr Gupta's actions, just because some Americans or Britons carry such perceptions. It must be admitted that insider trading is unethical because it bestows undue benefit at the cost of others. One must honestly ask the question: Is it fair to benefit, even oneself, based on information provided in trust? Every one faces this question but few would walk away from such temptation. So it is matter of one's choice and face the consequences of being detected. Mr Rajat Gupta, we are sure have ample reasons to defend his name and character in the US courts.
rajat gupta has to be a liar and crook, otherwise he would not have succeeded in a management consulting firm and gone to the top. These people do some social work just to show off and give away few millions but they loot 100 times more from the same society using their lies and crookedness. In the corporate world high levels, especially in the westernized approach, how you become successful is not important, have you become successful or not is the only important thing. Rajat is a product of that kind of system and he has reached the top levels there, it means for him there cannot be any difference between lie and truth, whatever suits his interests at the time of speaking has to be true for him and whatever action brings him benefits has to the the right action. You need not go to his level, just talk to any higher level person in any company, within seconds you will notice that he is very selfish and crooked and he will see his benefits in every word he speaks and every action he does. You will clearly notice that for him truth and lie are one and the same, he just speaks whatever is beneficial to him at the moment. See Raja, Raju, or any politician on TV, do you think they really mean what they speak ? They just fart fart and fart.
The statement "Sanctity of Board Room Is Vitiat ed" does not impact the Indian psyche.The aver age Indian is born greedy with proclivity for Insider Trading,Filing False Claims from Health Care Companies like scores of Indo American Doctors,Falsification of Accounts and Producing Fictitious Vouchers like the way 4 Members of House of Lords did it in UK.They are very smart and crooked and at the same time stupid enough leaving tell-tale evidences amounting to self betrayal.We,at least, should remember it is a different ball game in countries like USA ,UK unlike in India.The great Prez Richard Nixon of USA was not spared due to his Watergate Scandal and was unceremoniously pushed into Political Oblivion.
