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Former Goldman Sachs director convicted in NYC

By Tom Hays
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Former Goldman Sachs director convicted in NYC

NEW YORK (AP) — Former Goldman Sachs board member Rajat Gupta lived the American Dream before being led astray by a wealthy friend who was a master at insider trading.

That was the view of two jurors who on Friday voted with 10 others to convict Gupta of three counts of securities fraud and one count of conspiracy for sharing corporate secrets with hedge fund manager Raj Rajaratnam.

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