Gupta, Former Goldman, P&G Director, Convicted of Insider Trading

Rajat Gupta, a former director at both Goldman Sachs (GS) and Procter & Gamble (PG) was convicted for passing confidential info about both companies to a hedge fund that profited off positions in the stocks. Gupta is arguably the biggest fish to be caught in the government’s net in its expanding battle against insider trading. [...]