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If This Is Rajat Gupta's Defense, Lloyd Blankfein Has Already Debunked It (GS)

Will Rajat Gupta's insider trading defense be that it was his job to spill board room secrets to Goldman's tier one clients? The SEC charged former Goldman Sachs board member Rajat Gupta with insider trading on March 1, so a trial is months away, but thanks to trial of Raj Rajaratnam, we have a preview of what a lawyer might say in Gupta's defense. The government has a recording of a call that took place between Raj and then-Goldman board member Rajat Gupta.
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