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It was announced today that Rajat Gupta, the former Goldman director, will not be taking the stand in his own defense in his insider trading trial.

I haven't found his trial all that interesting, as he's pretty obviously guilty.

This morning's news was simply one more indication of that. Is there ever a clearer indication of a defendant's guilt than his counsel's decision not to put him on the stand?

It's as eloquent an admission as taking the Fifth.