Forum Post: Ex-Goldman Director To Face Criminal Charges: Source
Posted 13 years ago on Oct. 25, 2011, 10:24 p.m. EST by MonetizingDiscontent
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Ex-Goldman Director To Face Criminal Charges: Source
(Reuters) - Rajat Gupta, former Goldman Sachs director and former head of McKinsey & Co, will surrender to the FBI on Wednesday to face criminal insider trading-related charges, a person familiar with the investigation said.
http://www.reuters.com/article/2011/10/26/us-gupta-charges-idUSTRE79P06520111026
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BOMSHELL: Ex-Goldman Director Will Turn Himself In To FBI, To Face Criminal Charges
http://www.zerohedge.com/news/ex-goldman-director-will-turn-himself-fbi-face-criminal-charges
Is it safe to say that the Goldman love affair with the government is officially over? From Reuters: "Former Goldman Sachs director Rajat Gupta will surrender to the FBI on Wednesday to face criminal charges, a person familiar with the investigation said. http://www.reuters.com/article/2011/10/26/us-gupta-charges-idUSTRE79P06520111026 ...Gupta was named as an unindicted co-conspirator in hedge fund founder Raj Rajaratnam's trial earlier this year. He has denied wrongdoing. Rajaratnam was sentenced to 11-years in prison this month. Gupta's attorney, Gary Naftalis, did not immediately respond to a call seeking comment." Perhaps it is also safe to say that the war between Obama and Wall Street is now official. Of course, we give Obama about 24 hours before the economy tanks, the stock market implodes, the great unwashed see their meager 201k's converted into 100.5k's, and decide to #OccupyTheWhiteHouse. In other words, our money is not on the administration on this one. In fact, when the smoke settles, we expect a few extra tentacles from 200 West to penetrate even deeper into the three farcical branches of government of this once non-banana republic.
First, the American people have a right to know why oil prices are artificially high. The CFTC report proved that when oil prices climbed in 2008 to more than $140 a barrel, Wall Street speculators dominated the oil futures market. Goldman Sachs alone bought and sold more than 860 million barrels of oil in the summer of 2008 with no intention of using a drop for any purpose other than to make a quick buck.
He'll probably sit 3 years.
In a country club.
lol