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Gupta Prosecution, Defense Offer Closing Arguments
Summarizing their cases before the question of Rajat Gupta's guilt or innocence goes to a jury, the former Goldman Sachs director's lawyer argued that the federal government had nothing but indirect evidence, but the prosecution argued that when it was added up, it was overwhelming evidence against Gupta.
Despite repeated requests and a last-minute briefing opportunity, the defense was not permitted to present what it called "crucial" evidence that David Loeb had been the real source of information Gupta is accused of giving Raj Rajaratnam. The government has not accused Loeb of anything illegal.