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Did Steven Cohen Fail to Supervise His Employees?
It's the question at the heart of a Securities and Exchange Commission lawsuit against the billionaire and founder of hedge fund SAC Capital. Cohen says he's not to blame. Read his attorneys' full response.
January 7, 2014
Turney Duff: "Edge" is What Counts on Wall St., Legal Or Not
As a former hedge fund trader, Turney Duff says he never worried about breaking insider-trading laws. "We're thinking, this is how it's done and I need to make money," he says.
January 7, 2014
Preet Bharara: Insider Trading Is "Rampant" On Wall Street
The man behind one of the government's most aggressive crackdowns on insider trading says his problem is not with hedge funds, but with "institutions that decide to make their business model a criminal one."
January 7, 2014
Richard Holwell: Why Raj Rajaratnam Got 11 Years in Prison
Raj Rajaratnam gave the impression "that he could live outside the law," says the federal judge who handed the former Galleon chief an 11-year sentence for insider trading.
January 7, 2014
Concussion Watch: NFL Head Injuries in Week 18
With the NFL's regular season now over and the playoffs underway, the total number of concussions taking place becomes harder to tally by the week.
January 7, 2014
Chart of the Day: The SAC Advantage
SAC Capital is said to have charged a whopping 50 percent take on any profits it made for investors, but that didn't scare many away. Here's why.
January 7, 2014
SAC In Spotlight As Insider Trading Trial Opens
Mathew Martoma goes on trial today for what's been called "the most lucrative inside tip of all time," but his former employer, the hedge fund SAC Capital, is also facing heavy scrutiny.
January 7, 2014
"Isn't This Illegal?"
It's phone calls like the one that Turney Duff took early in his career at the Galleon Group that authorities point to as what's wrong with the hedge fund industry.
January 6, 2014
Concussion Watch: NFL Head Injuries in Week 16
A total of 135 NFL players have been sidelined by a concussion during the 2013 season, and in Week 16, at least nine more appeared to go down with a head injury.
December 24, 2013
Obama Commutes Sentences of Nonviolent Drug Offenders
Among them was Clarence Aaron, featured in FRONTLINE's 1999 film "Snitch."
December 19, 2013
SAC Fund Manager Found Guilty in Insider Trading Case
Michael Steinberg, the most senior employee to face trial in the government's sweeping investigation into insider trading at the giant hedge fund, has been found guilty on all counts by a federal jury in Manhattan.
December 18, 2013
Four Guantanamo Detainees Sent Home in Recent Weeks
Six years after President Obama promised to shutter the detention facility at Guantanamo Bay, his administration has picked up the pace on repatriating detainees. The only problem: not all of the prisoners want to go home.
December 18, 2013