Pull jie Harriet gupta, who is Goldman sachs group (GS) director, and "threw away his responsibilities," the company, he put down the hedge fund co-founder lachish Elijah, and pull the south said that, the bank will have 5 billion dollars of investment, the prosecutor told the jury.
Gupta insider trading trial begins, assistant U.S. attorney general reed, another told jurors block DE, Gupta A violation of the law, Goldman sachs board meeting in September 23, and, after that, he immediately notify the shah, pull, south, warren buffett's Berkshire ha and wei company (BRK/A) company will invest 5 billion dollars in the company. Pull jia, pull the south, gupta friends and galen group limited liability company co-founder, tip deal, and block DE, another said.
In the opening ceremony of the national defense yesterday in Manhattan federal court, lawyer Gary Naftalis told jurors, gupta is "innocent accused", and said the government "about judge the wrong man."
Block DE, another said: "gupta threw away his duties, he threw away his duties, he was at the company in crisis outbreak of the law."
"He used these secret, to help his friend, and pull gilardino jia's south, sold his Goldman sachs stock, and from the tip of the Gupta nearly $," prosecutors said.
Naftalis said, his customers say: "this perverse, in a great life of the evening, he decided to knowingly, intentionally and deliberate suddenly become criminal and do any good."
Lawyers say, even if there is evidence of Goldman sachs leakage, suggests not gupta from.
"It's possible criminal, but pulled jie Harriet what use it to make gupta," he said. "You are here to judge the wrong man. Evidence that, pull jia, lachish and south of the city, he is in the Goldman sachs source other source."
Gupta, who runs a consulting firm McKinsey company from 1994 to 2003, procter & gamble (PG) still sit on the board of directors. The United States accused him of conspiracy lasted from 2007 in January 2009, jia pull through, the insider tip south. Pull jia's south is serving and insider trading 11 years imprisonment.
p&g
Prosecutors say the 63-year-old to pull jia, gupta, south materials, based in New York city, Goldman sachs and headquarters is located in the Cincinnati taking enough & G company, is the world's largest consumer products company of the relevant public information. Gupta was accused of a conspiracy and five counts of securities fraud, it comes with a top 20 years in prison.
U.S. district court judge Jeremy radio Della, hosting the show prosecutors said today they first witness.
Bloom, another four suspected's illegal tips through Elijah, gupta, pull the south, including details of the Goldman sachs earnings in the first quarter of 2007 and the fourth quarter of 2008, and, in the wei and Berkshire company $5 billion investment in September 2008 from Goldman sachs told jurors.
Millions of dollars in profits generated leakage for sailing, bloom, another's said.
Gupta also to pull jia, about 2008 years, south of P&G Folgers coffee department sold to mark the company, JM confidential information, prosecutors said.
Navigator capital
The block watts told the jury, gupta and pull jia's south have close and financial links, including between the two of joint venture, called navigator capital partners. Gupta and pull jia's south and galen, comfortable, he has his own charge into the office like sailing boat, the company's employees, he said.
The prosecutor told the jury, they will hear record, jia's south, eavesdropping of mobile phones, he said, he has been told the meeting of the board after approval buffett's investment, including talks, said: "something good will happen" Goldman sachs. He said, the jurors will also listens to witness the plea, and cooperated with the government, but hope to deal with.
Bloom, another's, said, "this is a simple illegal insider trading case," urged the jury found guilty gupta.
Naftalis told jurors, gupta in India has become an orphan, rose to be "the United States is the most respected business leaders, one." He said, at the same time, gupta and Elijah, and south, most Wall Street as honorable fund managers.
"Pull jia, pull jie, south Harriet and hide, from every gupta a other law-abiding people hide a secret and independent world," Naftalis said. "No more pulled jie gupta, Harriet the secret insider trading part of the world, because he did not have any direct evidence."
hearsay
Naftalis criticized the government's case, he said it was based on hearsay. He said, after thousands of hours of more than 10 months, pull jia's south, telephone interception, prosecutors have never heard directly, gupta detonated, Elijah and south.
"They put forward based on a guess, guess, suspected cases according to the case," he said. "This is a real, hard, direct evidence."
Naftalis said, have to small Philadelphia Gupta, Elijah and south, who lost the whole Gutpa sailors investment of 10 million us dollars, and take an additional $4 billion cost and redemption of the funds no Gupta of knowledge from no motive, he said.
Naftalis added sailing often in Goldman sachs stock business, in this case, do what the prosecutor is "cherry pick" industry, to support their theory. He said, "fully legal" gupta of reason to talk to pull, Elijah and south.
Jury selection
Earlier, the two sides chose 12 jurors and psychiatric nurse, her husband on a nonprofit organization for American company, bank strategic design and behavior professor, occupational therapists, a fourth grade teacher, an administrative work, including four standby, a free beauty consultant and a consulting company executive.
Jurors, eight women and four men, from the Manhattan and the Bronx and the che, frost and LuoKeLan county.
Bloom, another's, said a witness's testimony, is expected to start today Caryn eisenberg, who is pulled, the south, jia personal assistant. The United States also plans to call the fbi agent, McKinsey a company officials, Carolann shield, Thomas Zukauskas, according to a court spokeswoman Stephanie




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