On March, 2011, on the annual Partners’ conference of Mckinsey & Co. at the Gaylord National Hotel & Convention Center near Washington, DC, its all worldwide Partners that were around 1200 gathered. The company recently faced some allegations against its former Managing Director, Rajat Gupta, and the insider-trading lawsuit against the Galleon Group, along with their normal agenda made the environment of the conference tensed. On the other hand, just before three months, a senior partner, Anil Kumar, found responsible in helping the founder of Gallen Group, Raj Rajaratnam, by providing some confidential data of Mickensy clients. The recent allegations against Gupta and the crime by Kumar made all the McKinsey Partners shocked and tensed. Does the former MD actually play a major role in empowering insider trading? If so, what could be the potential impact of this action on McKinsey?
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