How Could Someone so Smart and Rich … ?

by Bethany

Relevant Text: 1 Kings 11:4
Full Text: 1 Kings 11

Conviction | Former McKinsey Managing Director, Rajat Gupta, surrendered to the FBI yesterday – still pleading innocent on insider trading charges brought against him for allegedly giving material nonpublic information to Raj Rajaratnam, the founder of Galleon Group. Having started Galleon in 1997 with $300 million in funds, Rajaratnam saw the company become the biggest technology-based hedge fund worldwide by January 2008 – with 160 employees and $7 billion in funds. At that point, however, the Feds were already watching him. Although Rajaratnam could’ve avoided court by pleading out, he refused because an astrologer told him that he’d be acquitted. Yet, the jury found the evidence overwhelming. In May, although they wondered how “someone so smart and rich already could be involved in something so horrendous,” the jury convicted him of all 14 counts. Before sentencing, the Feds offered him another chance to reduce his sentence by wearing a wire to incriminate Gupta. Once again, however, he refused and, therefore, was sentenced to 11 years. Thus, in November, when he says goodbye to his family and heads to prison, it may be the last time that he is a free man – since he has advanced type 2 diabetes with kidneys are already failing [1].

Indictment | Solomon also had great wealth yet ended his life in sadness. He acquired large numbers of horses, accumulated great amounts of gold, and took 700 wives and 300 concubines [2]. Yet, all of these marks of worldly success were against the word of God [3], who knew that such wealth and wives led to idolatry. Thus, “As Solomon grew old, his wives turned his heart after other gods, and his heart was not fully devoted to the LORD his God, as the heart of David his father had been” [4]. Thus, God tore the entire kingdom away – with the exception of “one tribe for the sake of David my servant and for the sake of Jerusalem” [5].

Prayer | Lord, We are no different from Rajaratnam or Gupta – we have sinned and have fallen short of your glory [6]. When Solomon sinned against you, he was punished severely. So what hope can the rest of us have? Based on our own actions, we can have no hope. But if we trust in the timeless, matchless actions of Jesus – his life, suffering, death and resurrection – we can have a perfect hope: “God is greater than our hearts, and he knows everything” [7]. Amen.

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Footnotes:  [1]  All information comes from these sources: “Raj Rajaratnam Breaks His Silence.” The Daily Beast. 24 Oct 2011. Suketu Mehta, “The Outsider: Exclusive: Raj Rajaratnam Reveals Why He Didn’t Take a Plea.” Newsweek / The Daily Beast. Evelyn M. Rusli and Peter Lattman, “Stack of Evidence Sealed Galleon Guilty Verdict, Juror Says.” NYTimes. 14 May 2011. Michael Rothfeld and Susan Pulliam, “Gupta Surrenders to FBI: Ex-Goldman Director Gupta to Face Criminal Charges.” 26 October 2011. |  [2]  1 Kings 11:3 NIV1984  | [3]  See Deut. 17.  |  [4]  1 Kings 11:4 NIV1984  |  [5]  1 Kings 11:13 NIV1984  |  [6]  See Rom. 3:23.  |  [7]  1 John 3:20 NIV1984.

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One Comment to “How Could Someone so Smart and Rich … ?”

  1. Amen, B.!

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