Gary D. Cohn, the president of Goldman Sachs, is expected to be interviewed by the government in its insider-trading case against Rajat K. Gupta, a former director of the bank. According to the NY Times’ Dealbook Cohn’s name emerged late Friday during a hearing in Federal District Court in Manhattan before Judge Jed S. Rakoff. Federal prosecutors and Gupta’s lawyers debated the timing of depositions that are set to be taken in a parallel civil case being brought against Mr. Gupta by the Securities and Exchange Commission.
A quick refresher: the government has charged Gupta, who also served as a director of Procter & Gamble, with leaking secret board discussions to his friend Raj Rajaratnam, the former hedge fund manager who was sentenced to 11 years in prison last month….
This gets better... check it out at http://dealbook.nytimes.com/2011/11/18/goldmans-cohn-may-be-interviewed-in-gupta-gase/
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