In its filing to the United States District Court judge Jed S. Rakoff, the government says Mr. Gupta's insider trading and conspiracy were "shocking" and his "crimes are extraordinarily serious and damaging to the capital markets".
But he also enthuses about a proposal in America to assess all government policies for their potentially damaging impact on "social capital", just as they are assessed now for any damage they might inflict on the physical environment.
Only six months ago, entire districts of Prague lay under water in the most damaging floods the Czech capital had seen in centuries.
He says he saw the "damaging effects that venture capital had on an entire generation of tech firms" and decided he would never take that path.
This lack of capital would have a damaging impact on the market, as prospective homebuyers would have difficulty getting mortgages.
"This change has been somewhat under the radar, but it is profound and very damaging for the future of the capital".
He has been forced on the defensive again over his time with Bain Capital because of a damaging Washington Post story about American jobs being sent overseas.
Prosper, which is unprofitable after raising $40 million in venture capital, now faces the damaging possibility that lenders may take their money off the site instead of waiting for the S.E.C. to allow lending to resume.
The timing couldn't have been more striking... within 48 hours, Jonas, the "snowzilla" of a storm, would slam the Atlantic Coast with record snow, paralyzing the nation's capital for days and damaging coastlines with high-tide waves.
The most damaging cases are the episodes of sudden capital flight, as occurred in Mexico in 1994 and several Asian countries in 1997.
