What You May Have Missed
By Marcy Gordon
Published: Monday, Nov. 4 2013 12:00 a.m. MST
SAC Capital Advisors will plead guilty to criminal fraud charges, stop investing money for others and pay $1.8 billion — the largest financial penalty in history for insider trading — to resolve criminal and civil claims against the hedge fund giant, the government announced Monday.
“No institution should rest easy in the belief that it is too big to jail.”
U.S. Attorney Preet Bharara
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