With his swept-back hair, square jaw and soothing voice of a
television anchor, former Goldman Sachs Group Inc. GS -0.17% director Rajat
Gupta could make a compelling witness at his own criminal insider-trading
trial, legal experts say. Or, according to a Wall St Journal report, it could be
too big a gamble.
The biggest potential drawback for Mr. Gupta, the 63-year-old
former head of consulting firm McKinsey & Co., is that by testifying he
could undermine his lawyer's main strategy: punching enough holes in a
circumstantial prosecution based on phone and trading records to win an
acquittal.
"The moment someone takes the stand, he's held to a
different burden," said Susan Brune, a New York defense lawyer who won the
acquittal of a Bear Stearns Cos. hedge-fund manager by raising doubt about the
charges, without having her client take the stand….
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