Lloyd Blankfein, chief executive officer of Goldman Sachs Group Inc. (GS), checks his bank's profit every day, prefers voice mail to e-mail and makes unscheduled calls to board members at times of market "uncertainty."
His testimony at the insider trading trial of Raj Rajaratnam was intended by prosecutors to show how one of those board members, Rajat Gupta, who served in 2007 and 2008, passed on information he learned from the board. Blankfein's 3 1/2 hours on the witness stand today before a packed Manhattan federal courtroom also included a few questions about the CEO's personal life.
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