Rajat Gupta convicted of insider trading
June 16, 2012 | Duration: 2 min, 44 sec
A former Goldman Sachs director accused of feeding confidential information to a corrupt hedge fund manager has been convicted of conspiracy and three counts of securities fraud. A jury acquitted Rajat Gupta on two other securities fraud counts. Mr Gupta's adult daughters hugged and wept as the verdict was read. He showed no visible reaction.