SAC Capital pleads guilty in criminal court
Business / wall street

SAC Capital pleads guilty in criminal court

An artist’s sketch of general counsel Peter Nussbaum, representing Steven A. Cohen’s SAC Capital Advisors hedge fund, pleads guilty to fraud charges on behalf of the SAC as part of a $1.2 billion deal to resolve a long running insider trading investigation during a court hearing in New York November 8, 2013. (Reuters) – Steven … Continue reading

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Who has time to judge Madoff’s associates?
Business / Community / Culture and Religion / Exclusive / wall street

Who has time to judge Madoff’s associates?

(Reuters) – It is hard enough to seat an impartial jury in a case stemming from the biggest Ponzi scheme in history. But lawyers on both sides of the trial of five former employees of Bernard Madoff are grappling with what may be an even tougher challenge: they must find jurors willing and able to … Continue reading

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Exclusive: Saudi prince to hold Twitter stake, sees IPO by early 2014
wall street

Exclusive: Saudi prince to hold Twitter stake, sees IPO by early 2014

Prince Alwaleed bin Talal is seen leaving the High Court in London in this July 2, 2013 file photograph. Credit: Reuters/Neil Hall/Files By Mirna Sleiman DUBAI | Sun Sep 15, 2013 12:59pm EDT (Reuters) – Saudi billionaire Prince Alwaleed bin Talal says he will not sell any of his shares in microblogging site Twitter Inc when it … Continue reading

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