Rajat Gupta Had Inside Information on $61 Billion P&G Deal in 2005

The insider trader charges against Rajat Gupta raise the question: if he leaked to Raj Rajaratnam about the Goldman-Berkshire Hathaway deal, what else might he have leaked?

Gupta ran McKinsey & Co, one of the top advisors to corporate America, from 1994 to 2003. That position gave him almost unlimited access to inside information. Could Gupta have been leaking back then?

In addition, after leaving the top spot at McKinsey, Gupta was tapped for the boards of directors of five public companies—American Airlines parent AMR [AMR 6.575 -0.165 (-2.45%) ], global outsourcer Genpact [G 13.6185 -0.3315 (-2.38%) ], Goldman Sachs [GS 162.46 -1.32 (-0.81%) ], Harman International [HAR 48.6799 0.0399 (+0.08%) ], and Procter & Gamble [PG 62.85 -0.20 (-0.32%) ].

Read Full Article from CNBC.com

- Posted: 2011-03-01 13:31:11

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