And The Hits Just Keep On Coming – SAC Capital Smackdown!

 

SAC Capital: Welcome to a little place I like to call: FEDERAL COURT.

You heard it here first people: There is only so long that even the most powerful of industries and firms can escape government scrutiny after years of doing NOTHING to protect a constantly worsening reputation (not to mention a total lack of understanding – even among political elites). Whether, the government can prove its case remains to be seen – but as I noted last weekend, this surely won’t be the end. Expect those thumbscrews to keep getting tighter . . .

[“SAC Capital Is Indicted,” The New York Times, 7/25/2013]

Frazer Rice © 2024. All rights reserved. Privacy Policy.

Opinions expressed herein are solely those of Frazer Rice, authorized guest-bloggers or comment-posters. No content on this site shall be construed as either investment or legal advice.