"He Had An Unfortunate Accident, That's How I Would Say It"

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Under cross-examination by Rajaratnam's lawyer John Dowd, Blankfein said he tried to talk Gupta out of quitting the board on September 12, 2008, not wanting to project instability to the market. But by the time Gupta's decision not to stand for re-election became known in March 2010, things had changed. "I knew there was questions about Rajat's behavior, that's how I would say it," Blankfein said. [Portfolio]

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