Tuesday, June 12, 2012

GUPTA TRIAL DAY FIFTEEN Daughter takes the stand Defense rests

Today the defense finished their presentation.  There was argument over how much and what Geetanjali Gupta, the defendant's daughter could testify on the stand. So the judge proceeded carefully and at times would restate and ask her certain questions while on direct examination. 


story links 
http://dealbook.nytimes.com/2012/06/12/rajat-guptas-daughter-testifies-at-his-insider-trading-trial/

http://www.nypost.com/p/news/business/daughter_closes_out_gupta_trial_0GLdn3vOzYUG1pI8tPl8GP?utm_medium=rss&utm_content=Business



Also an amusing back and forth between the judge and the lawyers took place while they were going over a transcript of a tape to play for the jury. Mr Naftalis said to Judge Rakoff,  "for once your honor we are in agreement" and the judge replied "therefore I need a Valium".  The tensions have risen  between the lawyers on this case, both excellent in presenting their cases and both a strong advocates for their side. But at times the judge has had to control their disagreements. 

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