{"id":21271,"date":"2011-03-17T08:49:41","date_gmt":"2011-03-17T12:49:41","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=21271"},"modified":"2011-03-17T08:49:41","modified_gmt":"2011-03-17T12:49:41","slug":"gupta-administrative-action-by-sec-is-%e2%80%98bizarre%e2%80%99-judge-says","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2011\/gupta-administrative-action-by-sec-is-%e2%80%98bizarre%e2%80%99-judge-says.html","title":{"rendered":"Gupta Administrative Action by SEC Is \u2018Bizarre,\u2019 Judge Says"},"content":{"rendered":"<p>Bloomberg &#8211; The U.S. Securities and Exchange Commission\u2019s decision to file an administrative action against ex\u00a0Goldman Sachs Group Inc. (GS) director Rajat K. Gupta, instead of to sue him, is \u201cbizarre,\u201d the judge in a Galleon Group LLC case said.<\/p>\n<p>The SEC filed its action against Gupta, 62, on March 1, alleging he tipped Galleon co-founder Raj Rajaratnam about Berkshire Hathaway Inc.\u2019s $5 billion investment in Goldman Sachs, about the bank\u2019s quarterly earnings and about earnings at\u00a0Procter &amp; Gamble Co., where Gupta was also a director.<\/p>\n<p><strong><a href=\"http:\/\/www.bloomberg.com\/news\/2011-03-16\/galleon-case-judge-calls-bizarre-sec-decision-not-to-sue-insider-gupta.html\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; The U.S. Securities and Exchange Commission\u2019s decision to file an administrative action against ex\u00a0Goldman Sachs Group Inc. (GS) director Rajat K. Gupta, instead of to sue him, is \u201cbizarre,\u201d the judge in a Galleon Group LLC case said. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-21271","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=21271"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21271\/revisions"}],"predecessor-version":[{"id":21272,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21271\/revisions\/21272"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=21271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=21271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=21271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}