Gupta Jury Hears Raj Wiretap For First Time

Law360, New York (May 23, 2012, 9:07 PM EDT) -- Jurors in the insider trading trial of Rajat Gupta heard the former Goldman Sachs Group Inc. director's voice for the first time Wednesday when prosecutors played a key wiretap recording of him describing a Goldman board meeting to Raj Rajaratnam.

The jury, seated for the third day of Gupta's trial in Manhattan federal court, heard Gupta tell Rajaratnam about a Goldman board meeting in which directors discussed buying a commercial bank. The conversation, which took place on July 29, 2008, was recorded by FBI agents wiretapping...
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