Prosecutors Say SAC Encouraged Insider Trading | WAMU 88.5 - American University Radio
Filed Under:

Prosecutors Say SAC Encouraged Insider Trading

Play associated audio
U.S. officials filed criminal charges against SAC Capital on Thursday. SAC is one of the country's biggest and most successful hedge fund companies. Federal prosecutors say the firm not only tolerated insider trading, it encouraged it. And they say the firm's billionaire founder, Steven Cohen, routinely chose to look the other way.
NPR

'Welcome To Braggsville' Isn't Quite 'Invisible Man,' But It's Close

T. Geronimo Johnson's latest follows four Berkeley students who take an American history class that leads to disaster. It's an ambitious book about race that wants to say something big about America.
NPR

Tea Tuesdays: Kenyan Farmers See Green In The Color Purple

Kenya has spent 25 years developing a purple "supertea" with high levels of antioxidants. The hope is that the tea will appeal to health-minded consumers and revive the country's struggling industry.
NPR

Should Hotel Owners Be Forced To Hand Over Guest Records To Police?

Hypotheticals about hunting lodges and Motel 6 saved the oral argument at the Supreme Court today from being strangled by legal weeds.
NPR

Official Says FAA Is Trying To Keep Hackers Out Of Air Traffic Control

FAA Administrator Michael Huerta tells a House panel some vulnerabilities reported in a congressional study have been fixed, and the agency is working on others.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.