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Thursday, February 21, 2013

Ex-Goldman Board Member to Stay Free During Appeal | Redux

Ex-Goldman Board Member to Stay Free During Appeal

Wikileaks _DDC1948
Wikileaks _DDC1948 by Abode of Chaos
License (according to Flickr): Attribution License
Excerpt:

A federal appeals panel has decided that a former Goldman Sachs and Procter & Gamble board member can remain free on bail pending the appeal of his insider trading conviction. A two-judge panel of the 2nd U.S. Circuit Court of Appeals made the ruling Tuesday after listening to arguments regarding the case against Rajat Gupta (rah-JAHT' GOOP'-tah). The court did say lawyers should expect to file their briefs within a month and a half, indicating that the appeal will be heard quickly. Gupta was sentenced in October to two years in prison and fined $5 million.

People:

Rajat Gupta

Overall Sentiment: -0.262807

Relevance: 0.873306

Additional Info:

Organization: U.S. Circuit Court of Appeals

Overall Sentiment: -0.175809

Relevance: 0.705791

Company: Goldman Sachs

Overall Sentiment: 0.120681

Relevance: 0.514968

Company: Procter & Gamble

Overall Sentiment: 0.163738

Relevance: 0.497968

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