Jury foreman Richard Lepkowski didn’t want to convict Rajat Gupta of insider trading. To him and other jurors, Gupta had lived a 'story-book life' and 'the American dream', he said.
Preet Bharara, the United States Attorney for the Southern District announced that Rajat Gupta, former corporate chairman of an international consulting firm, and a member of the Boards of Directors of Goldman Sachs and the Procter & Gamble, was found guilty Friday by a jury in Manhattan federal court of conspiracy and securities fraud crimes stemming from his involvement in an insider trading scheme with his business partner and friend, Raj Rajaratnam, the founder and former head of the Galleon Group.
The Serious Fraud Office has abandoned its investigation into Mayfair property tycoon Vincent Tchenguiz 15 months after investigators raided his home and offices using a flawed search warrant as part of the SFO's biggest probe in almost a decade.
To understand all the fuss about a potential Greek exit from the eurozone, think about the impact that it would have the banking system alone.
Here are links to last week's top 15 stories.
'No, not because I'll be at home glued to the TV - but because I refuse to be treated like an animal and am not prepared to go anywhere near the London tube network, which is crowded, uncomfortable and stinks at the best of times.
The judge who will sentence former Goldman Sachs Director Rajat Gupta for insider trading has a track record of cutting the government’s recommended punishment in some cases by half or more.
Vince Cable is poised to take action against Fred Goodwin and a small number of other former Royal Bank of Scotland directors as a direct result of the bank’s collapse.
Former Goldman Sachs director Rajat Gupta has been found guilty of leaking insider secrets to hedge-fund manager Raj Rajaratnam.
European leaders working to avert a meltdown of the single currency gained some respite when Greek voters handed a narrow victory to mainstream conservatives and the chance to forge a pro-euro and pro-bailout coalition.
Societe Generale agreed to take over most of the clients of Jefferies’ Bache futures unit amid a push into derivatives.
Goldman Sachs, the top-ranked merger adviser to technology firms last year, will hold its annual shareholder meeting in San Francisco.
Bankers should let financial regulations play out before decrying their effect on markets, former Massachusetts Rep. Barney Frank said on Thursday.