Former Goldman Sachs board member Rajat Gupta has been charged with insider trading by the SEC.
Gupta was a managing director at McKinsey, arguably the most famous and prestigious consulting firm in the world. He later became an independent director at Goldman Sachs —arguably the most famous and prestigious investment bank in the world—in which role he is said to have engaged in massive insider trading regarding a huge cash infusion from Warren Buffet, who is arguably the world's most famous investor.
Today, we want to know if you think corporate boards are still necessary, or have they passed their prime?
Share your opinion: