Rajat Gupta was an “uncle” to the son of his nemesis

Even the son of Anil Kumar, the man who “cooperated” to put Rajat Gupta in jail, thinks highly of “Uncle” Rajat.

Here’s a big selection of letters written in support of Rajat Gupta, from Bill Gates and Mukesh Ambani, to his daughters and wife.

The most interesting part for me was the section in Mrs. Gupta’s letter where she describes Goldman Sachs’ interactions with Gupta. Goldman CEO Lloyd Blankfein first wanted to kick Gupta out for wanting to consult for KKR (which other Goldmanites were doing).

Then, when GS got into trouble, Blankfein wanted him back.

Gupta – stupidly – went back, trying to be loyal to them.

They rewarded him for that loyalty by setting him up as a patsy when the sharks at the DOJ began circling.

Gupta -again, foolishly – trusted the system. The system did what it usually does. Chewed up the innocent (at least, relatively innocent) and rewarded the unscrupulous and powerful.

Blankfein hired a PR firm, took up gay rights activism, and came out smelling, if not like a rose, at least, somewhat less like a sewer.

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