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PBS NEWSHOUR

SAC Capital fined $1.8 billion for insider trading

  • Aired: 11/04/2013
  • 05:56
  • Rating: NR
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 message this sends to Wall Street.
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