SAC Indicted: Are Feds Getting Tough on Wall Street? (7/25/13)
125 views · Published 26 July 2013 · 5:18 · Indexed 6 November 2026
Channel: Nightly Business Report · 2013 · Education
SAC Capital, one of the largest and most profitable hedge funds in the country, has been indicted by the federal government for wires and securities fraud and for permitting a "systemic insider trading scheme." The company denies the charges. Attorney Tom Ajamie talks to NBR about the case and whether these charges mean the government is getting serious about clamping down on Wall Street.
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