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SAC Capital fined $1.8 billion for insider trading
SAC Capital agreed Monday to plead guilty to criminal fraud. The insider trading charges will cost billionaire investor Steven Cohen's high-profile hedge fund $1.8 billion in fines. Sheelah Kolhatkar of Bloomberg Businessweek joins Jeffrey Brown to offer insight on the…
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Criminal Charges Allege SAC Capital Gained ‘Edge’ Through Insider Trading
Criminal Charges Allege SAC Capital Gained 'Edge' Through Insider Trading…
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Hedge Fund World Rocked by Insider-trading Charges
Judy Woodruff speaks with a Financial Times reporter about 14 people facing insider-trading charges for allegedly netting $20 million in illegal profits.
The arrests of a prominent Wall Street hedge fund founder and five others on Friday have unsettled the hedge fund world and could spur calls for new rules governing the largely unregulated financial sector.
Question: Is the $68 billion that big banks are paying back in TARP money going back to the taxpayer or can it be reused by the Treasury in some of its other schemes (e.g.
Lawyers for Bernard Madoff, who allegedly defrauded investors of nearly $50 billion, said that the former Wall Street financier would likely plead guilty to 11 criminal counts on Thursday. New York Times reporter Diana Henriques updates the story.
A prominent Wall Street trader was arrested on charges of massive fraud that may cost investors $50 billion. Wall Street Journal reporter Tom Lauricella discusses what may be the largest fraud scheme in the history of Wall Street.
Despite the deepening global financial crisis, France experienced a slight uptick in economic growth during the third quarter. French Finance Minister Christine Lagarde describes her country's situation in an interview with Margaret Warner.
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