CNBC.com Enterprise Reporter Lawrence Delevingne explains why this hefty fine is no big deal for the SAC Capital fund manager, who is worth far more.» Read More
CNBC's Kayla Tausche has the latest details on SAC Capital's response to indictment. Steve Cohen did not attend court today but did sign a not guilty plea. Also JPMorgan is exploring strategic alternatives for its physical commodities business.
SAC Capital founder Steven Cohen's $9 billion fortune could be threatened if the government succeeds, reports CNBC's Robert Frank. Cohen's real wealth is his art collection, which dealers say is worth over $1 billion.
Discussing just how good the case against SAC Capital is, and whether the government can get all of Steven Cohen's money, with Matthew Goldstein, Reuters editor, and Solomon Wisenberg, Barnes & Thornburg.
Bryan Burrough, Vanity Fair Magazine and author of "Bonfire of the Vanities," discusses his interactions with Cohen, whom he says was a charming guy, and the charges brought by the SEC.
Lawyers for SAC Capital will appear in court today to respond to the SEC's allegations that insider trading was rampant at Steve Cohen's firm. The U.S. Attorney's office says they're not intending to shut down the firm. Bryan Burrough, Vanity Fair Magazine, discusses his interactions with Cohen, whom he says was a charming guy.
CNBC's Kayla Tausche appears outside the courthouse in NYC to discuss the next steps in the SEC's indictment of SAC Capital. She says it's likely that SAC's attorneys will enter a plea today.
Jacob Frenkel, partner, Schulman Rogers, makes sense of the SEC's charges against SAC Capital. He explains why the firm was charged, but Steve Cohen was not.
U.S. Attorney Preet Bharara announced criminal charges today against SAC Capital. Bethany McLean, Vanity Fair; and CNBC's Scott Cohn and Kayla Tausche, discuss.
Senator Chuck Grassley (R-IA) reacts to the criminal charges against SAC Capital. "I am very happy with the actions taken, and it may send ripples through all of Wall Street," he says. CNBC's Scott Cohn, weighs in.
Andrew Stoltmann, of Stoltmann Law Offices; and Michael Bachner, of Bachner and Associates, discuss what is next for SAC Capital.
CNBC's Kayla Tausche has the latest developments in the SAC indictment. SAC Capital says they "never encouraged, promoted, or tolerated insider trading."
Steven A. Cohen's SAC Capital is hit with criminal charges, but the hedge fund manager isn't named as a defendant.
CNBC's Bertha Coombs has the latest on charges against Steven Cohen's SAC Capital.
A federal indictment on Thursday of the billionaire hedge fund manager's firm, SAC Capital Advisors, uses the word "edge" 14 times to describe the way its traders sought information or insight that no one else on Wall Street had.
Scott Cohn and Robert Frank of CNBC; Bethany McLean of Vanity Fair; and Jake Zamansky of Zamansky and Associates, weigh in on charges against SAC Capital.
CNBC's Bertha Coombs breaks down U.S attorney Preet Bharara's indictments against SAC Capital. "Scope of SAC insider trading was both deep and wide" says Bharara.
Discussing U.S. Attorney Preet Bharara's comments on "money laundering," and the details of the charges to SAC Capital, with CNBC's Scott Cohn and Ron Insana.
U.S. Attorney Preet Bharara takes questions on the charges against SAC Capital.
Southern District of NY's U.S. Attorney Preet Bharara addresses the charges to SAC Capital, and why its entities are also being charged. "The scope of illegal trading was deep and it was wide, spanning more than a decade in time," he says. New York FBI Field Office's George Venizelos also speaks.
CNBC's Ron Insana offers insight on the culture at SAC, and what ripple effects the charges to the hedge fund might have on the markets. CNBC's Bob Pisani, Scott Cohn and Bertha Coombs, weigh in.