NEW YORK — Former Goldman Sachs board member Rajat Gupta, the biggest target of a US government blitz on insider trading, was sentenced to two years in prison Wednesday, far less than what prosecutors had demanded. US District Judge Jed Rakoff in New York cited Gupta’s “extraordinary” contribution to humanitarian…
NEW YORK — Rajat Gupta, the ex-Goldman Sachs director found guilty of insider trading, was to be sentenced Wednesday and wants the judge to have him do charity work in Rwanda rather than time in a US prison. Gupta, 63, faces between eight and 10 years behind bars if prosecutors…
NEW YORK — Former Goldman Sachs director Rajat Gupta pleaded not guilty Wednesday to insider trading after giving himself up to the FBI, as the high-flying executive was caught in a growing Wall Street scandal. Indian-born Gupta is accused of leaking information to Sri Lankan-born old friend Raj Rajaratnam, a…