NY judge orders questioning of Goldman chairman

AP News

3/27/2012 12:32:55 PM - AP News
NEW YORK (AP) — A New York judge has ordered Goldman Sachs chairman Lloyd Blankfein to discuss his interactions with the government when he speaks with lawyers for a former board member of the investment bank accused of insider trading.Federal Judge Jed Rakoff ordered Blankfein Tuesday to reveal his talks with government attorneys when he submits to additional questioning from lawyers for Rajat Gupta (Rahj-AHT' GOOP'-Tah).He also ordered the Securities and Exchange Commission to release notes on 44 witness interviews.Gupta goes to trial next month on charges he conspired with a billionaire hedge fund boss to break securities fraud laws through insider trading. If convicted, he faces up to 105 years in prison. He's pleaded not guilty.Gupta was formerly on the boards of Goldman and the Procter & Gamble Co.