Rajat Gupta, the Harvard Business School graduate and former managing director of McKinsey & Co. convicted by a jury today on some counts of leaking inside information as a Goldman Sachs director, turns out to have been a donor to Democratic candidates, Federal Election Commission records show.
Among his larger gifts: $10,000 to the Democratic Congressional Campaign Committee in 2005, $10,000 to the Democratic Congressional Campaign Committee in 2006, $10,000 to the Democratic Congressional Campaign Committee in 2008, $2,500 to the Obama Victory Fund in 2008, and $25,000 to Kerry Victory 2004 in 2004. He also gave $1,000 each to Al Gore and Hillary Clinton in 2000.
There will probably be some calls for the DCCC to give back the $30,000, or to donate it to charity, but they could also argue that they had no way of knowing that Gupta was crooked or that it was so long ago that they have already spent the money.