Thursday, December 1, 2011

Goldman, BofA, Ally, SocGen, Rajaratnam in Court News - Bloomberg


Goldman Sachs Group Inc. (GS) Chief Executive Officer Lloyd Blankfein and six others may be questioned under oath by lawyers for the Securities and Exchange Commission and Rajat Gupta, who was charged with insider trading as part of the Galleon Group LLC investigation. Lawyers for Gupta, a former Goldman Sachs director, sought to depose Blankfein and other firm executives including Chief Financial Officer David Viniar, President Gary Cohn, Managing Director David Loeb and John Bryan, as part of a related suit brought by the SEC. While U.S. District Judge Jed Rakoff in New York authorized the questioning of Blankfein before the April 9 criminal trial, he said depositions of the other officers must be conducted afterwards.

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