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So Rajat Gupta wanted the McKinsey board to act like the ICICI bank’s board when charges of pay back to CEOs husband for sanctioning loan to a businessman was made. The handpicked board stood by the CEO — only to do 180 degree turn later.
That’s unfair considering the terrible breach of confidence and fiduciary duty he had committed.
So Rajat Gupta wanted the McKinsey board to act like the ICICI bank’s board when charges of pay back to CEOs husband for sanctioning loan to a businessman was made. The handpicked board stood by the CEO — only to do 180 degree turn later.
That’s unfair considering the terrible breach of confidence and fiduciary duty he had committed.