![]() ![]() ![]() Gupta told Sorkin that he spent time with Rajaratnam in prison, and ultimately forgave him. After the board discussed that investment, Gupta was charged with calling Rajaratnam just 16 seconds later and divulging the Buffett news.Īt the time of his sentencing, Gupta was one of the most prominent figures to face prison in the government's widespread crackdown on insider trading. The case involving Gupta revolved around the day in 2008 when Warren Buffett agreed to invest in Goldman Sachs. Gupta was convicted of illegally sharing information about Goldman Sachs to hedge fund manager Raj Rajaratnam, who is serving 11 years in prison for insider trading. ![]() And to me, it was a personal failure," he told Sorkin. And in the very end, they wore me down and convinced me I shouldn't. He said his biggest regrets are speaking too freely about Goldman's corporate secrets, and not testifying at his trial. ![]() Gupta told CNBC's Andrew Ross Sorkin that he is innocent, despite being found guilty by a jury of three counts of securities fraud and one conspiracy charge, and not guilty on two other charges. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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