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The Raj Rajaratnam/Galleon Group, Anil Kumar, and Rajat Gupta inside trading cases are parallel and related civil and criminal actions by the U.S. Securities and Exchange Commission and the United States Department of Justice against three friends and business partners: Galleon Group hedge fund founder-owner Raj Rajaratnam and former McKinsey & Company senior executives Anil Kumar and Rajat Gupta.
Elsagate (derived from Elsa and the -gate scandal suffix) is a controversy surrounding videos on YouTube and YouTube Kids that were labelled as "child-friendly" but contained themes inappropriate for children. These videos often featured fictional characters from family-oriented media, sometimes via crossovers, used without legal permission.
The suffix-gate derives from the Watergate scandal in the United States in the early 1970s, which resulted in the resignation of US President Richard Nixon. [2] The scandal was named after the Watergate complex in Washington, D.C., where the burglary giving rise to the scandal took place; the complex itself was named after the "Water Gate" area where symphony orchestra concerts were staged on ...
The Enron scandal may be over 20 years old, but watching how the whole thing went down in the documentary “Enron: The Smartest Guys in the Room” remains as fascinating as ever.
By Joe Brock JOHANNESBURG (Reuters) - McKinsey's new global head will on Monday apologize to South Africans for work the firm did with friends of scandal-plagued former president Jacob Zuma, an ...
The breakdown of Charles and Diana’s marriage will be featured in the new season of ‘The Crown’
McKinsey & Company was founded in Chicago under the name James O. McKinsey & Company in 1926 by James O. McKinsey, a professor of accounting at the University of Chicago. [ 24 ] [ 25 ] He conceived the idea after he had witnessed inefficiencies in military suppliers while he was working for the United States Army Ordnance Department .
Gupta joined McKinsey & Company in 1973 as one of the earliest Indian Americans at the consultancy. He was initially rejected because of inadequate work experience, a decision that was overturned after his Harvard Business School professor Walter J. Salmon called Ron Daniel, then head of the New York office and later also the managing director of McKinsey, wrote on Gupta's behalf.