Tuesday, May 8, 2012

Ex-Goldman Gupta Wants Rajaratnam Tapes Nixed





According to finalternatives accused Raj Rajaratnam tipster Rajat Gupta has asked the judge in the case to exclude wiretapped phone calls featuring the Galleon Group founder, arguing that they are irrelevant or prejudicial.

Gupta's lawyer said that 26 of the recorded conversations on prosecutors' witness list deal with stocks that aren't part of the case against the former McKinsey & Co. chief. Another recording, of a conversation between Rajaratnam and Gupta, should be excluded because it includes no direct evidence of insider-trading and could prejudice the jury.

Prosecutors made their case to include the tapes last week, arguing that they are all evidence of a conspiracy that Gupta was a part of. In March, U.S. District Judge Jed Rakoff rejected Gupta's motion to exclude all wiretaps from his trial, which is set to begin on May 21.,,,,

Wait...wait...there's more at http://www.finalternatives.com/node/20383

No comments:

Post a Comment