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    Rajat Gupta Guilty In Insider Trading Case

    "Rajat Gupta, who reached the pinnacle of corporate America as managing partner of McKinsey & Co. and was a director at Goldman Sachs Group Inc. and Procter & Gamble, was convicted by a federal jury of leaking inside information to hedge-fund manager Raj Rajaratnam," Bloomberg News writes.

    The Associated Press recaps the case:

    "Gupta was charged last year in a far-reaching federal probe of alleged insider trading in the hedge fund industry. Prosecutors had accused him of giving his billionaire friend Raj Rajaratnam tips that Rajaratnam then used to gain an illegal advantage on massive trades for a hedge fund. The 63-year-old Gupta claimed all his business dealings were above board. His lawyers argued he was a victim of guilt by association with the hedge fund manager, who's now serving an 11-year prison."

    The AP adds that Gupta was specifically "convicted of conspiracy and three counts of securities fraud. ... He was acquitted on two of the five counts of securities fraud."

    As WNYC's Ilya Marritz reported this week on All Things Considered, "in one instance in September 2008, Gupta allegedly called his friend just seconds after a Goldman Sachs conference call had ended and minutes before the stock market closed to tell him that investor Warren Buffett was putting $5 billion into Goldman Sachs. Rajaratnam immediately bought $43 million worth of Goldman stock. The next day, the news became public, and Rajaratnam made a million-dollar profit, prosecutors say."

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    Hieronymus Bosch Died 500 Years Ago, But His Art Will Still Creep You Out

    Known by some as "the Devil's painter," Bosch depicted imaginary animals and souls being violently tortured. At least one critic believes he's the father of modern art.
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    With A Zap, Scientists Create Low-Fat Chocolate

    Scientists say they've figured out how to reduce the fat in milk chocolate by running it through an electric field. The result is healthier, but is it tastier?
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    The View From The Northeast Corridor: Deep Divisions Ahead Of 2016 Election

    Despite a history of Democratic electoral solidarity, a trip through the Northeast finds Republicans hoping to make inroads in November and Democrats pushing for the voting power of immigrants.
    NPR

    President Obama Acknowledges 'Brexit' To Silicon Valley Crowd

    President Obama delivered a speech Friday at Stanford University, and remarked on the Brexit vote in front of a crowd of young, tech-forward, pro-globalization attendees from 170 countries.

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