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.
When you give to WAMU, your tax-deductible membership gift helps make possible award-winning programs such as Morning Edition, All Things Considered, The Diane Rehm Show, The Kojo Nnamdi Show, and other favorites.