First it was Prof Ram Mohan Rao from IIMB and now Mr Rajat Gupta, from McKensie, the Chairman Board of Governors.
http://george-easaw.blogspot.com/2009/01/prof-ram-mohan-rao-quits-as-dean-of-isb.html
Sad that all big names are being caught for issues on ethics .. Rajat misused his position to favour his friend on some investment plans of a client of his earlier firm and benefit from the plans monetarily..
Maybe it is a stark reminder that values are a casulaty everywhere when some earthly things take over human concerns.
ge..
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