The 64-year-old Gupta, who remains free on appeal, has vigorously maintained his innocence. But even as his appeal is heard this week, the fundamental question behind his case remains a mystery. Why would one of the most revered C.E.O.’s of his generation, who retired with a fortune worth some $100 million, show such bad judgment? How could he get into business with a trader who was known for giving Super Bowl parties filled with scantily clad women. The confusion, a management consultant might suggest, may arise from looking at the problem from the wrong angle. What if Gupta, the adviser to presidents and executives, simply got played?
via Rajat Gupta’s Lust for Zeros – NYTimes.com
if he got played- he was an even bigger fool than he has turned out to be ! With his experience and exposure to the highest echelons of society , governments and the corporate world, he knew exactly what he was doing and wanted to make even more money than he already had, by hook or by crook. In this case – by crook. Greed is what i think it’s called.