Publishing Rajat Gupta’s memoir may be the big break Juggernaut needed
The autobiographical story of the former McKinsey chief’s rise and fall should attract lots of people who don’t normally read books.
When a white collar millionaire goes to jail, it is almost axiomatic that he or she will write a book. But while such books may not always hold interest, the one that Rajat Gupta, the former blue-eyed boy of global consulting, has written holds special interest.
After all, Gupta is from India, the Bengali whiz kid from IIT Delhi who actualised the dreams of thousands of engineer-MBAs in the country: a glittering career in corporate America that culminated as the head of McKinsey & Co., at that time the most prestigious consulting firm in the world.
Till something got the better of him and he leaked secrets he shouldn’t have to hedge fund billionaire Raj Rajaratnam, an act for which he was pronounced guilty of insider trading and then sentenced to prison, though in the softest possible way – at correctional facilities and finally at home.
Now that Gupta is a free man again, his memoir is obviously hot property. There have been several books about him, but this one is obviously from the horse’s mouth.
And while Juggernaut won’t say how much it paid, the acquisition of the rights to publish it in India is certainly a coup. This is one book that thousands of Indians may want to read, as part inspiration, part cautionary tale.