Boston University law professor Tamar Frankel, an authority on securities law, corporate governance, and legal ethics, offers the following comment on the news that Goldman Sachs CEO Lloyd Blankfein will testify at the insider trading trial of Galleon Group’s co-founder Raj Rajaratnam:
“When the CEO of a large investment bank is ready to testify in a case of insider trading against a former director, what does it teach us? It shows that the court of public opinion is in session.”
Contact Tamar Frankel, 617-353-3773, tfrankel@bu.edu
