Author Archives: The Bad Banker

Ex-Goldman director Rajat Gupta set for insider trading trial

Rajat Gupta was once a board member at Goldman Sachs and managing director of consulting giant McKinsey & Co. Now, he's the biggest target yet in the government's sprawling insider trading crackdown.
Posted in News | Leave a comment

Facebook’s IPO Sputters

Facebook shares struggled to stay above their $38 IPO price, as Wall Street bankers stepped in to prevent the newly minted stock from ending its first day with an embarrassing loss.


Posted in FREE, News | Leave a comment

Chesapeake Cuts Pay, Travel for Board

Chesapeake Energy said board members will take a 20% pay cut and no longer have personal use of company aircraft, the latest move by the embattled natural-gas company to placate critics.


Posted in News, PAID | Leave a comment