Tuesday, March 1, 2011

Goldman's $17 million boardroom betrayal

Rajat Gupta's most famous betrayal wasn't his most lucrative, by a long shot. Gupta will go down as the board member who sold out Goldman Sachs (GS) in 2008 as it reached for a lifebuoy thrown by Warren Buffett. By leaking the news of that $5 billion investment a day early, Gupta netted the Galleon [...]

Source: http://finance.fortune.cnn.com/2011/03/01/goldmans-17-million-boardroom-betrayal/

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