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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.
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 ...
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 .
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 ...
WASHINGTON/NEW YORK (Reuters) -McKinsey and Company Africa Ltd, a subsidiary of McKinsey & Company, will pay more than $122 million to resolve a U.S. investigation into a bribery scheme in South ...
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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.
A major documentary on the Ohio State University (OSU) sexual abuse scandal that is expected to renew attention on then-OSU coach and now Republican Congressman Jim Jordan is currently in the ...