There are a set of laws for Goldman executives and another set of laws for those outside of Goldman. Goldman pays cash and is home-free to reoffend; Gupta may have to spend up to 20 years behind bars and surely will not be allowed to offend again.
The wrong outfit has been criminally prosecuted. There must be a law somewhere that says, "No bank executive can be criminally prosecuted." What unequal justice!
Former Goldman Sachs director convictedRead the entire article here
By Tom Hays - The Associated Press
NEW YORK -- Former Goldman Sachs board member Rajat Gupta lived the American Dream before being led astray by a wealthy friend who was a master at insider trading.
That was the view of two jurors who on Friday voted with 10 others to convict Gupta of three counts of securities fraud and one count of conspiracy for sharing corporate secrets with hedge fund manager Raj Rajaratnam.