Reputation Does Not Give You a Free Pass

October 27, 2011

Reputation Does Not Give You a Free Pass

Sad day when you see the former head of McKinsey — Rajat Gupta — charged with insider trading that could lead to 11 years in prison. This happened yesterday during the Raj Rajaratnam Galleon trial. Here’s a quote-to-go for the day:

“You don’t get on the board of Goldman Sachs without having accomplished alot in your life and having a great reputation. But having a great reputation doesn’t give you a free pass to violate the law. Nobody is above the law, no matter how good their reputation is.” (Reed Brodsky, prosecutor)

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Leslie Gaines-Ross
Leslie Gaines-Ross
lesliegainesross@gmail.com

As Weber Shandwick’s Chief Reputation Strategist, I focus on the ever changing world of reputation. For the past 25 years, I have relentlessly observed, researched and commented on the rise and fall of reputations.

1Comment
  • Kirk Hazlett, APR, Fellow PRSA
    Posted at 13:26h, 27 October Reply

    So very, very true. And so very often ignored.Not forgotten…ignored.

    “And on the pedestal these words appear”‘My name is Ozymandias, King of Kings:Look on my works, ye Mighty, and despair!’Nothing beside remains…”(Percy Bysshe Shelley)

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