When you’ve already taken as many hits as former Goldman Sachs board member Rajat Gupta has from his involvement in the Rajaratnam insider trading case, is there anything else bad that can still happen to you? It turns out the answer to that question is a resounding yes, as the SEC took its pound of flesh yesterday, as well.
via $13.9 Million SEC Penalty is Latest Blow to Gupta in Insider Case – Compliance Week