McKinsey News

McKinsey News From AOL News

Key Government Witness Grilled in Insider Trading Case

NEW YORK -- John Dowd, the defense lawyer in the largest insider trading case to hit U.S. courts in decades, aggressively grilled Anil Kumar, the government's key witness, for the first time today. Over three days, Kumar, a former McKinsey & Co. director, told the jury how Galleon Group founder Raj Rajaratnam had paid him...

McKinsey Director Tipped Off Galleon Founder to 'Super Confidential' Deal

NEW YORK -- The second week of the biggest insider trading case to hit U.S. courts in decades began today with a key government witness describing how he leaked information about a "super confidential" deal involving his clients to billionaire Raj Rajaratnam. Rajaratnam, founder of the Galleon Group hedge fund, is accused...

Opinion: Health Reform's Promises Keep Faltering

(Nov. 20) -- Everyone knows the old cliche – Fool me once, shame on you. Fool me twice, shame on me. But what do you say when you get fooled the third, fourth, fifth or sixth time? That's what supporters of health care reform might want to ask themselves 'round about now. After all, early promises made about the...

Opinion: Blowing Africa's Vuvuzela

(Aug. 6) -- The World Cup showcased Africa's ability to host a contest of world-class scale and stature. It was a boon to South Africa's economy -- the flood of foreign fans and huge investments into infrastructure will boost the nation's GDP by an estimated $2 billion this year. The event created an estimated 160,000...