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

Published on: July 25, 2013

Filled Under: Blog, Common Sense Economics, Dangerously Uninformed Commentary, Finance & Economics, Insider Information – Well, Sort of . . ., Political Expressions and the Occasional Rant, Worth Reading and Watching

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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]

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