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Jurors in the insider-trading trial of former Goldman Sachs Group Inc. director Rajat Gupta heard a series of key wiretapped phone conversations that prosecutors say demonstrate he shared confidential information about the investment bank with hedge-fund manager Raj Rajaratnam.

A New York jury on Wednesday heard former Goldman director Rajat Gupta on a FBI wiretap casually discussing business with Raj Rajaratnam, the now-imprisoned hedge fund founder he is accused of tipping off about boardroom secrets.

Former Goldman Sachs director Rajat Gupta arrives at the Manhattan Federal Court in New York May 22, 2012.

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NEW YORK - Barely a day went by at the insider-trading trial of multimillionaire hedge-fund founder Raj Rajaratnam a year ago without mention of Rajat Gupta, a boldface name in business and charity circles.

A judge said Wednesday he expects to let prosecutors play for jurors at trial next week the only recording of a phone call between a former Goldman Sachs board member accused of insider trading and a hedge fund founder.U.S. District Judge Jed Rakoff made the tentative ruling at a hearing before the trial of Rajat Gupta begins with jury selection ... (more)

Federal prosecutors provided more details late Monday about the wiretapped conversations they intend to introduce at the criminal insider-trading trial of former Goldman Sachs Group Inc.