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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
Concussion Watch: NFL Head Injuries in Week 15
A total of 125 NFL players have been sidelined by a concussion during the 2013 season, and in Week 15, at least seven more appeared to go down with a head injury.
December 17, 2013
Remembering Newtown
In the past year, the Sandy Hook families and others — some friends, many strangers — established memorials, charities and other tributes to honor their loved ones.
December 13, 2013
Former NOPD Officer Acquitted in Post-Katrina Police Shooting
It's the latest in a series of setbacks for federal prosecutors in New Orleans.
December 12, 2013
Dental-Care Credit Card to Pay for Deceptive Practices
CareCredit, a major lender, was slammed for misleading customers about high-interest rates.
December 12, 2013
Concussion Watch: NFL Head Injuries in Week 14
Head injuries sidelined 11 players this week -- four of whom entered the week already having dealt with concussions a combined 19 times before.
December 10, 2013