Just a thought.

McKinsey is Ground Zero for outsourcing.

The Gupta trial is really a spectacle intended to appease the American masses.

That’s why the FBI is going after him on such a scale, with wire-taps spread out over years.

No doubt, if Gupta did betray corporate board confidences, that certainly wasn’t right and he should be reprimanded and fined, as warranted.

But this degree of attention and media hooplah has more to do with optics. The optics of diverting attention from the real perps.

This entails diverting attention away from the largely Anglo-Jewish ethnicity of the most egregious and important figures in the financial crisis and redirecting it to a non-white foreign group that is exceptionally successful and therefore likely to attract envy and hostility from the American working population. 

Affluent businessmen will also garner no sympathy from the left, which might otherwise side with a minority.

The trial also diverts attention from the origins of the  financial heist, mostly in the financial industry (Federal Reserve, JP Morgan, Goldman Sachs, hedge-funds), abetted by the incompetence of  the government (SEC and FBI) and the failure of the Wall Street media.

By focusing on McKinsey and making Goldman Sachs a witness for the prosecution, the government gets to rehabilitate Goldman, give Mr. Blankfein’s reputation a bit of a polish. cover up its own incompetence, and simultaneously rehabilitate the US media, which fell down on the job abysmally.

Most important of all, the trial re-frames the financial crisis and makes the kingpin of the outsourcing industry and its foreign chief the villain of the piece.

That plays nicely to nativist sentiment.