2012年5月22日 星期二

Rajat Gupta Trial Will Be Government's Test of Mosaic Theory

When Raj Rajaratnam went on trial last year for insider trading charges, his attorney, John Dowd, referenced a “mosaic” theory of gathering information from various sources in order to create an investment strategy …. a picture of what happened. Rajaratnam was found guilty and now his one-time friend, Rajat Gupta, is being put on trial for similar charges and it will be the government using a “mosaic” theory to prove Gupta’s guilt …. since the evidence is so scattered about that puts Gupta, or fails to put Gupta,I found them to have sharp edges where the injectionmoldes came together while production. at the scene of a crime.Choose from our large selection of cableties,

There are a number of reasons why Gupta, former head of McKinsey & Co. as well as on the board of directors at Goldman Sachs and Proctor & Gamble, has a real chance of being found innocent of the charges that he was passing on confidential “inside” information to Raj Rajaratnam at Galleon Group. The first is that most of the testimony is going to be from people who can only offer a sliver of what they saw. The first witness that the government is going to call is Caryn Eisenberg, Rajaratnam’s former executive assistant. Can you imagine that she ever imagined testifying in federal court when she took the job with Raj? Bet that wasn’t in the job description. What she is expected to say is that Gupta called one day and said, “I need to speak with Raj right away.” A time and date will be given for that phone call, which will correspond to a date when a Goldman Sachs board meeting took place discussing a $5 billion investment into the firm by Berkshire Hathaway. Piece number one of the mosaic.Trade organization for suppliers and distributors in the promotional products industry.

Another piece will be people on the Goldman board who will testify that, indeed, they did talk about the Berkshire Hathaway investment during the board meeting in question.

Then another piece will be the trade that Rajaratnam made on that day in Goldman stock.

Then another piece will be from witnesses who will say that they knew Rajaratnam and Gupta were chatting back and forth on stocks. Those witnesses, some former friends of Gupta’s, have already pled guilty to crimes associated with insider trading,UK chickencoop Specialist. like Anil Kumar, formerly of McKinsey & Co.

One piece the government is missing, is Raj Rajaratnam, who could provide testimony saying what specifically went down with Mr. Gupta. Why is Raj not testifying? Currently sitting in prison in Massachusetts, Raj has every incentive to work with the government to testify against Gupta and earn a reduction of years off of his 11-year prison sentence….yet he is not coming forward. While the prosecution will say that Raj is sitting in jail for information he received from Gupta and others, the defense has every right to ask why Raj is not in the courtroom to testify against Gupta.

The government’s picture has so many missing pieces that it should give Gupta’s defense attorney, Gary Naftalis,Posts with Hospital rtls on IT Solutions blog covering Technology in the Classroom, an opportunity to fill in the space to create his own picture of innocence for his client. 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. In addition to being on the board of a number of distinguished companies, he had also founded a business school in India and was known for his chartable giving. There is even a website that was set up by friends of Mr. Gupta, called “Friends of Rajat“, which openly comments on the good character and acts of Gupta.

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