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By Brahma Chellaney
Beijing's creeping aggression signals a challenge to U.S. presence in the Asian Pacific
Independent voices from the The Washington Times Communities
Topic - Reed Brodsky
A former Goldman Sachs director was found guilty Friday of feeding confidential information to a corrupt hedge fund manager, becoming the most prominent defendant convicted so far in a wide-ranging probe conducted by investigators armed with wiretaps.
former Wall Street titan was convicted Wednesday of making a fortune by coaxing a crew of corporate tipsters into giving him an illegal edge on blockbuster trades in technology and other stocks — what prosecutors called the largest insider trading case ever involving hedge funds.
"What was good for Raj Rajaratnam was good for Mr. Gupta," Brodsky said.
The pair had "public sides of success," said Assistant U.S. Attorney Reed Brodsky said at closing arguments at the closely watched white-collar trial. "But concealed from the public was a different side — a side that committed crimes."