Gupta Defense Floats Theory Of Another Goldman Insider

Law360, New York (June 6, 2012, 10:11 PM EDT) -- Lawyers for former Goldman Sachs Group Inc. director Rajat Gupta on Wednesday suggested again that another Goldman insider may be behind the insider trading that prosecutors have pinned on Gupta, laying the foundation to launch the defense case later this week.

Gupta is accused of passing tips from Goldman and The Procter & Gamble Co., where he was also a board member, to his friend, hedge fund founder Raj Rajaratnam.

Phone records the defense showed to the jury indicate that Rajaratnam also spoke regularly with David...
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