Rajaratnam is said to have received tips from a former Goldman Sachs director, Rajat Gupta.
Rajat Gupta sat on the board at Goldman from November 2006 to May last year.
The first tapes were played of Rajat Gupta speaking on a phone call with Raj Rajaratnam.
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Most famous are Galleon hedge fund manager Raj Rajaratnam and former Goldman Sachs director Rajat Gupta.
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The trial of Rajat Gupta on insider-trading charges got under way in New York.
This week, Rajat Gupta will be sentenced to prison (or not) for charges related to insider trading.
Today will be one of the most important and memorable days in the life of Rajat Gupta.
Another set back for the Commission took place when it dropped its insider trading case against Rajat Gupta.
His cooperation would change things in prosecuting Cohen, just as it did for those who cooperated against Rajat Gupta.
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The defense could have had potential appeal in the Rajat Gupta case, if there had been evidence to support its applicability.
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Being an insider with a fiduciary duty sure is risky, as heavyweight Rajat Gupta is now finding out amidst serious SEC charges.
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Over the summer, Rajat Gupta was found guilty of leaking confidential information about Goldman Sachs, where Gupta served as a director, to Rajaratnam.
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Among the fallen: former hedge fund billionaire Raj Rajaratnam, currently serving an 11 year sentence, and former Goldman Sachs board member Rajat Gupta.
Rajat Gupta is a good person who came from humble beginnings and rose to be someone who was well respected in the business community.
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He lashed out at FBI agents and prosecutors who he said wanted him to cooperate against a new target in insider trading, Rajat Gupta.
On the afternoon of September 23rd, Rajat Gupta, the former head of McKinsey, joined members of the Goldman Sachs board on a conference call.
The first is that by all accounts, Rajat Gupta (63) is a good person and has worked honestly for all of his years in business.
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Raj Rajaratnam obtained this information through a variety of sources, including his former colleague Roomy Khan, former Goldman Sachs executive Rajat Gupta, and Danielle Chiesi.
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The same can be said of those found guilty of insider trading, like Raj Rajartnam, Rajat Gupta, and, more recently, Todd Newman and Anthony Chiasson.
"By making Agawi CloudPlay accessible via Marvell's hardware platform, we're opening up a world of opportunities for gaming on connected smart devices, " said Rajat Gupta, Agawi's co-founder.
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One of his most powerful allies was allegedly Rajat Gupta, a former director at Goldman who has not been charged with a crime and has denied any wrongdoing.
Rajat Gupta has been under the microscope for a while.
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Rajat Gupta pleaded not guilty to insider trading on Wednesday.
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Another piece of information that the jury will not hear is that Rajat Gupta (63) could spend the remainder of his life in prison if he is found guilty.
Goldman is finding this out, in an embarrassing way, this week with tapes of former board member, Rajat Gupta, being heard on FBI wire taps at the Raj Rajaratnam (Galleon) insider-trading trial.
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This morning both the New York Times and The Wall Street Journal reported on the criminal indictment of Rajat Gupta in connection with the Raj Rajaratnam insider trading conviction.
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The test has been expanded to include not only direct benefits, but also intangible benefits such as reputational and business interests, as is evident in the recent highly-publicized case of Rajat Gupta.
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The wiretaps were particularly damning for the defense as Rajaratnam is heard discussing inside information he received from a Goldman Sachs director, Rajat Gupta, about a potential acquisition the firm was expected to make.
Observers attributed this decision to the limited deal he could hope to make with prosecutors, but in fact Rajaratnam could have offered them someone who was, perhaps, even bigger than he was: Rajat Gupta, the former McKinsey head.
The sentence that will be given today to Rajat Gupta, a former Goldman Sachs director convicted of insider trading, could set a disturbing precedent if the court grants his request to be sent to Rwanda or elsewhere to perform charity work.
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