{"id":20307,"date":"2011-03-23T12:29:07","date_gmt":"2011-03-23T16:29:07","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=20307"},"modified":"2011-03-23T12:29:07","modified_gmt":"2011-03-23T16:29:07","slug":"goldman-sachs-ceo-blankfein-to-be-called-in-galleon-insider-trading-trial","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/03\/23\/goldman-sachs-ceo-blankfein-to-be-called-in-galleon-insider-trading-trial\/","title":{"rendered":"Goldman Sachs CEO Blankfein to Be Called in Galleon Insider-Trading trial"},"content":{"rendered":"<p>U.S. federal prosecutors plan to call Lloyd Blankfein, the chief  executive of Goldman Sachs Group Inc. (GS) to testify in the  insider-trading trial of Galleon Group hedge-fund manager Raj  Rajaratnam, MarketWatch and other news outlets report. In a letter to  U.S. District Judge Richard J. Holwell, prosecutors said they intend to  call Blankfein to testify regarding Rajat K. Gupta, a former Goldman  director who the Securities and Exchange Commission has accused of  passing confidential information to Rajaratnam. The prosecutors said  they want Blankfein to testify on &#8220;Gupta&#8217;s service on the Goldman Sachs  Board of Directors, the duties of confidentiality that Gupta owed to  Goldman Sachs, and certain confidential information that Gupta obtained  through his service on Goldman&#8217;s board in 2008.&#8221; The prosecutors sought  to limit the defense from questioning Blankfein over Goldman&#8217;s role in  the financial crisis or any pending investigations of Goldman. Such  questions would be irrelevant because &#8220;this office has not notified Mr.  Blankfein or Goldman Sachs that either is a target (or, for that matter,  a subject) of any pending criminal investigation,&#8221; they wrote,  according to the news reports.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. federal prosecutors plan to call Lloyd Blankfein, the chief executive of Goldman Sachs Group Inc. (GS) to testify in the insider-trading trial of Galleon Group hedge-fund manager Raj Rajaratnam, MarketWatch and other news outlets report.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-20307","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=20307"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20307\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=20307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=20307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=20307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}