Ex-Goldman director Gupta changes mind on testifying

NEW YORK (Reuters) - Former Goldman Sachs Group Inc board member Rajat Gupta, on trial on insider trading charges, has decided not to testify in his own defense, two days after his lawyer said it was "highly likely" he would take the stand.

Rajat Gupta, a former Goldman Sachs board member accused of insider trading, could face a 25-year sentence if convicted of sharing confidential Goldman information with Galleon Group's Raj Rajaratnam.Rajat Gupta, a formerGoldman Sachs Group Inc.board member accused of insider trading, won't testify this week in his own defense, his lawyer said.

With the entire world, and certainly GETCO's ES and EURUSD algos, focused on every single update out of the Italian Senate race, which now appears certain to not bring the necessary 158 seats to the Bersani-Monti coalition leading to a chaotic revote in the coming months, here is some tangential news of the "who could have ever seen this coming variety." Following last week's Heinz insider trading probe, which implicated a Goldman Sachs account in Zurich belonging to some private wealth client, who was so anonymous