Reputation Loss as Punishment
These few sentences were chilling. They refer to the sentencing of Rajat Gupta who was sentenced to two years in prison on Wednesday for leaking boardroom secrets to the former hedge fund manager Raj Rajaratam.
Legal counsel…” tried to keep his client out of prison by arguing, unsuccessfully, that Mr. Gupta was a proud man for whom the loss of his reputation was a punishment far worse than incarceration. This is a fall from grace of Greek tragedy proportions.”