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SAC Capital under fire. A sad Frontline story of the rampant insider trading on Wall Street.

January 09, 2014

http://www.pbs.org/wgbh/pages/frontline/to-catch-a-trader/

A damning story on the rampant insider trading among some Wall Street firms, SAC and Galleon in particular. Film of Steven Cohen (Trades, Portfolio) under deposition in recent years is less than inspiring. Under deposition, Mr. Cohen was asked if he believes trading on a tip from a journalist about an imminent negative news story is OK. His answer is shocking.


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