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- เผยแพร่เมื่อ 29 มิ.ย. 2024
- Rajat Gupta became the first Indian-born CEO of a multinational corporation when he was chosen Managing Director of McKinsey, the global consulting firm in 1994. He held that prestigious position for nine years. That was before other Indians such as Indira Nooyi or Vikram Pandit of Citicorp made their mark as global corporate leaders.
But all this was before a stunning fall from grace in 2012 when he was sentenced to two years in prison by a New York Court on charges of insider trading. Out of jail since 2016, Gupta now tells his side of the story in this interview to NDTV.
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I had to chance to listen to Rajat Sir talk and get his signed book last week. He is a very genuine person . His achievements are incredible and legendary. It is sad to see people blaming him.
"rajat sir?" why do you call him that?
Rajat lost both his parents by age 18. Just when I thought the guy had everything you could ever wish for. Post-fact, no way would I want to trade my life for his ! Peace !
The book of Rajat is an inspiration for all young indians. At 70yrs he found time in jail to sit quiet and read bagavad gita, came out positive with more humility.
Rajat was not a wall street broker. During the meltdown US justice dept. was under tremendous pressure from public to put wall street greed to jail. All billionaires managed the system, Rajat with a net worth not even 200M caught in the middle, many people cornered him to save their own face. Rajat ended up in jail due to betrayal from his inner circle.
Have you read his book? Would you recommend it for me to read?
His prison experience reminds of Shawshank Redemption.
It is high time to realize for all of us - it is not about winning but supporting the truth.
We must learn something from his struggles nd success as his story is really good 👍....
His theory fits. All the banks, lenders were bailed out with some even getting appointed to the key financial posts during Obama's administration. I do remember listening to his calls. He seemed a bit careless while being on such a high profile but while all the others were let go with financial repercussions, he got jailed. That just seemed a bit like Indian system of handling a crimes. I still feel sorry seeing that guy fail, for whatever reason, i feel whatever he did was a unintentional error, a goof up. While everyone on high positions go free with their blunders, he paid a very heavy price for his. What else can one say...
Jatin Bansal not unintentional error. Yes, it was the done thing. Incest of a kind was and is prevalent in the market and among consultants. There are innumerable cases of insider trading in the US and none in India. A man of his stature should have known better.
@@lalitharavindran no insider trading cases in India? Lol! You think it might be because the law doesn’t purse it enough or that no one does it? Insider trading was legal in India until SEBI was established recently in 1992.
amazing interview ....👍
Rajat Gupta's interview was very enlightening, fall after a meteoric rise to two year imprisonment in States, the best part was that it didn't break him. Superb episode by you.
It should not be about finding scapegoat - rather helping the honest and innocent people.
Excellent interview for an Indian program. Usually the Indian interviewer talks over the interviewee or makes facial expressions or nods their head to show their agreement, all of which are bad interviewing skills and come across as brown nosing. This lady was excellent. She let him speak, asked pointed and brief questions, smiled politely when appropriate and moved the conversation along deftly. Anupama Chopra and the likes could definitely learn from her. The split screen is also a much better format.
Great Persona;Firstly Idol for many IITians & others then plotted convicted corporate champion.
Mr Gupta it's amazing how quickly you aquired such an important role but you have to accept the fact that you betrayed your company
I know you would like to move and keep yourself away from these things.
Good luck for your bright future
Also what wrong with the journalist, why is she blinking so much ?
It's crazy....
she wants to show that she's skeptical, and therefore, a competent journalist.
@@greentomato4632 I thought she conducted an excellent interview.
On the prison guards: of course Phil Zimbarado's prison experiment psychology was at play
Where is Ravish ji, waiting for his prime time
at least part of what Mr. Rajat Gupta suggest especially the "chickenshit club" is true in addition that there were more culprits and many other situation such as 2008 meltdown which was more dire but with no accused by that standard he is just a scapegoat.
Viewership marching ahead👍
What ever happend .... U gave world a lot to learn .......A system collapsed and they made you a Scapegoat
Exactly right.
Respect always for your talent and illustrious career.
What Scape goat!! Seriously guys he is the man behind funding of LTTE. Which system collapse are you talking. I really don't know.
I love this Man especially with his Spirits.. Foolish lady thankfully is out of NDTV, thanks to Harvard 😂😂😂
Glad someone said this, she was hopeless, lifeless and pathetic in the interview. Probably got insecure due to Mr. Gupta's profile and forgot she is a journalist.
Nidhi razdan sounds more emotionally motivated while asking questions than allowing him to run through facts chronologically. And she keeps no pace of the sequence of events while doing so. Skips blatantly back and forth to the same question of how it felt from being a corporate honko to a prisoner, lol. All you guys need to check out a rather well conceived set of interview questionnaire of Gupta with a CNBC journalist broadcasted a couple of days back. The interviewer chosen by that chanel comes across as someone who's actually a SME with the events that occurred and factually driven.
corporate "honko?"
Dude, compared to all the Indian interviewers I’ve seen she’s in the 99+ percentile!
Truth is relative
The case was a shakedown only with circumstantial evidence.
hii i m rajat gupta ... can you help me meet the Mr. Rajat Gupta .....PLEASE PLEASE
Seriously...
I wish he had forcefully said
"I've never ever disclosed privileged business info ever in my life to any 3rd-party, let alone to Rajratnam on that call. I'm willing to take a lie-detector test now". Instead of his version of the secretary calling & not remembering whether he actually spoke etc etc.
BTW, how does he even recall that it was his secretary that called (because it was not recorded)??
I remember Gordon Gekko
It about finding someone who can control and try to establish a fact which is not true.
He was jailed on supplying Insider Info
He was subramanian Swamys student.
Meaning what?
how is that relevant?
What was his exact business partnership with Raj Rathnam?
He started a fund that was part private equity and pat hedge fund with Ratnam where he contributed capital of $10 Million. While he was serving as the CEO at McKinsey and director at other corporate houses. When the news struck that WB is going to make an investment of $5Billion at GS, Raj Ratnam bought the shares a day before at cheap prices and sold them as soon as the news was broke out to the public. Mr. Rajat is a highly revered figure, unlike Ratnam who was quite a cheap stake.
So now media will decide if he needs to be exonerated? Well, I mean on a social level. Every criminal will take to social media to cry out loud about how innocent s/he is. If you listen to the wiretaps you'll definitely hear him cross the line. So many years after one's conviction, it's not very difficult to come up with a plausible theory that you were innocent and there was no malicious or profiteering intent.
Such a big personality with down to earth attitude. This reporter is trying to show herself like she is a boss. Think with whom u r sitting with. She got a luck.
she got a luck? one luck?
He is still not telling what his exact business relationship with Raj Rathnam was.
It's all there in his autobiography. Rear it to find your answers
@@vishalsorout precisely, buy my book, I’m not going to tell you all.
This man used to dominate the world.
After hearing his interview in another channel - I am convinced, he was 100% innocent.
I mean Gupta doesn't even remember the call for which he was convicted. It was an innocuous little call.
Raj Rajrathnam has just done an interview in which he has revealed the EXACT call details. They NEVER discussed any financial stuff. Rajat asked him about his own investment. It was a 16 second call.
This is a story of ambitious, overjealous prosecutor like Preet Bharara who would go to any lengths to lie, frame and win a case against big public figures. Of a jury who gave a verdict on the flimsiest of circumstantial evidence. Of trial by media, and more..
Gupta is an innocent man, and he deserves to get his reputation back.
He was not wall street's poster boy. Infact he had nothing to do with wall street. Indian media needs to do some better research before coming up with headlines.
He forget to say enough
I want my son to be like him. A financial criminal
He was considered a criminal by a jury of his peers. Those things don't happen without significant evidence. He had the money to have the best lawyers.
Also he received much less sentence ( 2 year vs a possible 105 years).
This same judicial system sent Martha Stewart to jail for similar crime too.
I hope he tells the full truth if expects redemption and respect back from people.
Rajat Gupta was a millionaire who was on the boards inhabited by billionaires. He saw ppl far below him in intelligence were extremely rich in comparison to him. He got greedy. Consulting fee is chicken feed when compared to ownership of MNCs.
Who is He Trying to FOOL.???
You
Listen to the phone call tape between Rajat and Raja Rathnam. It's very clear that Rajat was passing on boardroom info on goldman sachs to the hedge fund manager. This is an open and shut case. Sorry Rajat you got greedy, you wanted to be in the billionaires club.
fight being caught for scamming??? lolz media should'nt give so much publicity to scammers and eulogise them
Dude, please learn more about his life and how he was unfairly treated by the US criminal justice system before vilifying him. He is an epitome of grace, a purely self-made person who reached to the topmost echelons of Wall Street even after losing both parents at the age of 17. He was falsely sent to prison without any substantial evidence by some corrupt and (politically) over-ambitious prosecutors.
Sorry but Rajat Gupta was no poster boy for Wall Street! McKinsey is a consulting firm. It’s not Wall Street. In fact, that he wasn’t part of Wall Street and wanted to be was the reason he fell!
Nidhi is my spiritual spouse
she doesn't know you from adam.
It’s a pain to watch this journalist. Those attitudes are totally unnecessary.
Preet Bharara went after Gupta and the Sri Lankan Tamil guy. Oh what a great fantastic fearless prosecutor! Why, he's a super hero!!
Bharara then goes after two good old white boys for insider trading. He gets a big fat smackdown by a federal judge, lack of evidence, overzealous prosecution, judge orders release.
Then Bharara takes on Donald Trump. He's out of a job, cools his heels, writes a book. Will it outsell Hillary's book?
A guy who picked on his own ethnic group as easy targets and ordered the the disgusting, appalling treatment of a female Indian diplomat, as if she she was a terrorist. Meanwhile the pedophile scum Jeffrey Epstein and the Wall Street big shots got away scot free.
Crawl into your basement and stay there, Mr Bharara.
Extremely well articulated! Really can't say it better!
Very well said.
Preet bharara and Rajat Gupta end should be a lesson to Indian craze for american job. No matter how much contributions you made to their country progress and growth your rise as an outsider will be a blot of stone in their eyes and judicial witch hunt system.
Make a movie in India
He was inside trader and got much less then he deserved
Infact court said we are reducing sentence for what you did for the US. Funny!!
*an* insider trader.
This is basically a book tour. Make yourself relevant, sell books and add few more millions to your bank account. I thought very rich people don't go to prison easily because they can afford really good lawyers. i think the big mistake was not hiring really good lawyers.
Such poor interviewers should not be allowed to take interviews of such dignitaries. Couldn't watch 5mins. "This is how you should not interview. "
ऐश है अमरीकी जेल में।
A poster child for deceptiveness ostracized forever pathetic
First commit a crime, then go to jail, then apologize, then make it on NDTV! ... Congress is next
The last two are unreasonable and not true. He has made it to all channels including CNBC, US.
@@lalitharavindran please watch his interview with Shereen Bhan. Why show any empathy towards him? He's clearly unrepentant...
hahaha.... NDTV providing platform for criminals also... next is Malya and Nirav Modi...
You don't know much about him, he his idol of many IITians.
@@harshrajput9214.... A Criminal is a criminal.... no matter how much he is educated and idolized.... please don't assume only you are the elite few who knows more than others .
@@bhargab22 A criminal is a criminal; but what about someone who's prosecuted with conviction adventurism to gain political ambitions. World know about what Preet Baharara is.
@@bhargab22 He didnt do a crime he was made scapegoat. He could have walked away without going to trail but he chose to fight because he didnt do anything wrong but he was denied justice by rejecting all his appeals
@@otomackena7610... Please correct me if I am wrong... he fought and he lost... and it was proven that the charges agaist him are valid.
Rajat Gupta is a fit case of what's wrong with the Hindu way of life. Pursuit of greed triumps other higher goals like social bonding, justice, honour and sacrifice. India's frontline Hindu Rashtar laboratory of Gujarat prepares most thugs who loot Bharat Mata and thus make majority of Hindus suffer grinding poverty. Hinduism needs serious credible reforms as suggested by many great souls including Guru Nanak Sahib. My Hindu brothers please read our Indian history and philosophies to find a way out of this darkness. Rajat Gupta is a shameless conman who bite the hand that fed him. No Hindu shall ever get a chance to world's top management consulting job just due to this thug.
Why are you making such sweeping generalisations and contributing to polarization?
Why would you say that no Hindu would get a chance at a global management consulting position due to Mr Gupta’s fall from grace?
This particular case has no relationship to him being Hindu or Indian there are some bad apples everywhere in every country & in every religion.
Mr Singh
I kindly request you to stop targeting and getting the religion involved.
Please show us that you are educated
If your comment gets read by masses, be prepared to face criticism.