HOPE HE HAS LEARNED HIS LESSON.IF IN INDIA,IT WOULD HAVE TAKEN YEARS TO GET INTO PRISON.IN BETWEEN CLUES COULD HAVE BEEN VANISHED.PAYING BRIBE IS EASY HERE. THIS IS THE DIFFERENCE BETWEEN INDIAN LAW AND FOREIGN LAW. SHAHID
In India some of our Businessmen&Politicians get away so easily.We have actors who in inebriated state drive over pedestrians-are not even able to meet the Court directed compensation of a meagre 10 Lakhs.Let us stop idiolising them and resolve that we will not go the movies starring them in the lead.Can we atleast display this grit-it is doubtful
In india also this type of things happen but never come on surface. I have seen many listed co got disappeared after taking money from their investors. SEBI has not taken any action against those companies.
o that 90% of INDIAN INDUSTRAILISTS the parasites and LEECHES on aam aadmi are behind BARS now they are just FINED few lakhs or crores hereand there when they make lafdas of 1000 crores minimum
Sorry for him. He made country proud before he was convicted. He would not have been convicted so fast and with harsh punishment for the same offence, had he been in India.
Re: Rajat Gupta
by Sunil on Oct 27, 2012 07:59 PM
But he made India down after he is convicted. The offence for which he is punished in USA, such offence in India does not merit even an inquiry.
Ever since, Ex-GM Auto Hotshot, John Zachary DeLorean who famously sacked GM, was jailed Rajat probably is the most celebrated corporate honcho who was pronounced guilty and sentenced.
I don't have 100% details of the case against Rajat Gupta, my role model.
But have the following points been thoroughly appreciated by the Jury and Judge before pronouncing him guilty?
1. Why the angle that another source from Goldman Sachs possibly leaked to Rajratnam about the happenings of Goldman's Boardroom discussions, to defame and destroy Rajat as Rajat and Rajratnam are not only of Indian origin but also WERE good friends?
2. Why the argument that soured relationship between Rajratnam and Rajat was taken positively to announce Rajat guilty based on the premise that Rajat wants to recover all his lost money from Rajratnam by divulging this info?
3. When the phone tapping is itself illegal, how come the Jury and Judge dwelled upon it as evidence while pronouncing judgment when the phone taps themselves were not only illegal but also would have been tampered with? Forensic verification can not be ordered as the very tapping itself is devoid of legal sanction
Re: John Z DeLorean & Rajat Gupta
by navin kumar on Oct 25, 2012 09:17 PM
My dear friend there is something called poetic justice!What morals was Mr. Rajat G following when he fleeceded millions of Ruppees from SBI in the name of consulting fees which were grossly unjustifiable?Sathe Saathyam Samaacharetah
He is an intelligent, well read well travelled man who has brought honor and pride to Indians abroad. Unlike some pan chewing ugly uneducated politician who amasses some 5000 crore and can't even make his own signature.....
Re: But he is still a Hero for most people
by Anand Tamariya on Oct 26, 2012 09:00 AM
When will we learn to condemn crime regardless of nationality? We really have very low expectation from our HEROES!!!
Re: 2Y Jail and 5mil$ is a very small punishment.
by Amod Karnik on Oct 25, 2012 03:58 PM
Kulkarni, Do you also want to make millions of dollars? then pls go to Wall Street......
Re: Re: 2Y Jail and 5mil$ is a very small punishment.
by NIRMAL BALIA on Oct 25, 2012 10:27 PM
for that he needs to understand first elementary STOCK MARKET operations otherwise u won't rise to a position where u can do what RG did
