/9918578/Banner

/9918578/Banner_2

/9918578/Mid

section

articleId

product

orgType

parrefer

accountID

Consulting

Banking

Accounting

Fintech

Internships

Rankings

Internship Rankings

Intern Resource Center

Explore Internships

Vault Law Home

Practice Area Resource Centers

Regional Resource Centers

Summer Program Resource Center

Vault Law Culture & Inclusion Survey

Vault Law

Guides

Events

Financial Services

Technology

Grad School

Work Relationships

Productivity

Diversity, Equity & Inclusion

Social Impact

Remote Work

Negotiating

Changing Jobs

Workplace Issues

Blog

Resume Samples

Cover Letter Samples

Interview Tips & Questions

A Day in the Life

International

Career Readiness

Explore Professions

Research Industries

Search Companies

Career Advice

Employers

Schools

&lt;p&gt;Last Friday, in testimony played during the U.S. v. Rajaratnam insider trading trial in Lower Manhattan, the jury heard accused felon Raj Rajaratnam speculate on why accused informant Rajat Gupta wanted to leave Goldman Sachs to take a position at private equity firm KKR. The following was taken from a wiretapped conversation between Raj Raj and Anil Kumar (who has already pleaded guilty to insder trading); both Raj Raj and Kumar were close buds with Gupta, whom they are discussing:&lt;/p&gt;&lt;p&gt;&lt;img class=&quot;embeddedObject&quot; src=&quot;http://content.screencast.com/users/dloos/folders/Jing/media/3eec2556-f418-4205-880f-7464787eb8db/00000280.png&quot; border=&quot;0&quot; alt=&quot;&quot; width=&quot;198&quot; height=&quot;300&quot; align=&quot;left&quot;&gt;&lt;em&gt;RAJARATNAM: Goldman is one board right. And he&#39;s, you know, he&#39;s essentially an observer status, right? He&#39;s not in there, you know, rolling up his sleeves ... And the issue is the perceived conflict of interest.&lt;/em&gt;&lt;/p&gt;&lt;p&gt;&lt;em&gt;KUMAR: But is it really that he was so greedy for the $12 million that KKR has offered him?&lt;/em&gt;&lt;/p&gt;&lt;p&gt;&lt;em&gt;RAJARATNAM: He ran the numbers with me, right, it was about $5 million a year with upside ... My analysis of the situation is he&#39;s enamored with Kravis, and I think he wants to be in that circle. That&amp;rsquo;s a billionaire circle, right? Goldman is like the hundreds of millions circle, right ... And I think here he sees the opportunity to make $100 million over the next five years or 10 years without doing a lot of work.&lt;/em&gt;&lt;/p&gt;&lt;p&gt;(DealBook: Figure in Insider Trading Case Sought to Quit Goldman)&lt;em&gt;&lt;/em&gt;&lt;/p&gt;

Derek Loosvelt

Article

Investment Banking Internships for Summer 2027 Are Open: How, When, and Where to Apply

MBA vs. CFA: Which Pays Off More for Banking and Finance Professionals?

How AI is Changing Careers in Banking and Finance

Where the Vault Fintech 100 Firms Are Headquartered

The Library