Goldman sachs executives is accused of off again tells Wall Street

05/23/2012 09:53

May 21,, the United States court hearing in the Goldman sachs former director of insider trading Sac Chanelcase gupta, processing time is expected to will amount to three weeks.The case attracted much attention.Gupta has been charged with sailing group hedge fund managers and let out the secret Sac De Chanelinformation, jia south.If convicted, gupta will be shall be investigated for criminal and civil liabilityIn late April, the federal prosecutors in Wall Street insider trading directly to a new step, Goldman sachs former director gupta charged.The 63-year-old gupta served the McKinsey global executive, he involved in the casesSacs Chanel he served as Goldman sachs director period, to pull in and provide the shah south inside information, focusing on the two stocks-Goldman sachs and p&g.has been charged with sailing group hedge fund managers and let out the secret information, jia south.Last may, pull jia south was sac chanel pas chersentenced to 14, a insider trading charges all set up, the punishment in 11 years, become Wall Street history for insider trading and the punishment of the longest the defendant. However, the prosecution at present and didn't have the proof for insider trading gupta direct evidence, they mainly depends on the phone between two people who call records,Prix Sac Chanel sailing group's transaction record and pull pull the shah south recording conversation. 。Investigators to Wall Street insider trading the investigation on the use of surveillance technology.Prosecutors said, pull pull of the south three copies of Elijah recordingVente Sac Chanel conversation is accused of main gupta evidence.。But investigators didn't collect to let out the secret of direct evidence gupta, all of the recording is no gupta I voice, this is the case in the prosecution evidence biggest weakness.。Gupta claimed that they not illegal activities, and refused to guilty.。His attorney said he did not leak, leak was Goldman's other executives, but these people have been legal sanctions. On September 23, 2008, the United States at the highest point of the financial crisis, Goldman sachs group, the board of directors of the company received the news says buffett Sac Chanel 2.55to Goldman sachs added $5 billion fund.Lehman brothers filed for bankruptcy protection for the whole of people after the market confidence to shake the