He was India's first poster boy at Wall Street. Now, he is convicted of Insider Trading. ( U.S. v. Gupta, 11-cr-00907, U.S. District Court, Southern District of New York (Manhattan))
Why would a millionaire value money more than his reputation? Guess I'll never know.
But it should come as no surprise. In recent years, it has become quite the fad: business and political leaders are making headlines for all the wrong reasons. Even in well-respected financial firms [Why I Am Leaving Goldman Sachs] , you are taught to be ruthless and are judged only by your contribution to the bottom-line, relationship-building and integrity have allegedly taken a back seat. Business Ethics is a class you take in B-school for an easy A. Then toss back those books and ideas and focus on the race. Only the thrust to grow higher can take you places. No need to check if your roots are firm in the grounds- if you are compromising with or forgetting your fundamental values.
Gordon Gekko said 'Greed is good.' But greed can never be good. It clouds your judgment and makes you a coward. Greed makes you want to have things you might not be able to have if you are righteous. And even if no one else knows, you will know it in your heart, and you will loathe yourself for it.