Gupta jury hears competing views of Rajaratnam ties
NEW YORK (Reuters) – Former Goldman Sachs director Rajat Gupta was once on hedge fund billionaire Raj Rajaratnam’s "important people" list but excluded from a fantasy football celebration helicopter trip to Atlantic City with other corporate high-flyers. On the second day of Gupta’s insider-trading trial in Manhattan federal court on Tuesday, prosecutors tried to establish for the jury his ties to now-imprisoned Rajaratnam, while defense lawyers sought to describe some distance between the men. Gupta, 63, is the most prominent corporate figure indicted in a broad U. S. . . .
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