SAC Capital accused of being "magnet for market cheaters"

907 views · Published 26 July 2013 · 1:22 · Indexed 2 October 2026

Channel: CBS News · 2013 · News & Politics

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Federal prosecutors allege SAC Capital, a hedge fund run by billionaire Steven A. Cohen, was a place where insider trading was "systemic and rampant." The hedge fund was indicted Thursday on charges of securities fraud. Anthony Mason reports.

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