SAC Capital fined $1.8 billion for insider trading

Name: SAC Capital fined $1.8 billion for insider trading
Uploaded: 2013-11-05T01:29:49Z
Duration: P356S
Description: 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.

Clip: 11/04/2013 | 5m 56s

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.

Aired: 11/04/13

Rating: NR

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SAC Capital fined $1.8 billion for insider trading

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