Rajat Gupta Rejected at U.S. High Court as Prison Looms
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Rajat Gupta, the former Goldman Sachs Group Inc. director found guilty of insider trading, must report to prison next week after a U.S. Supreme Court justice rejected a last-ditch request.
Justice Ruth Bader Ginsburg, making no comment, today refused to let Gupta remain free on bail while he appeals his conviction. Gupta is scheduled to surrender to prison authorities on June 17 to begin a two-year sentence.