US hedge fund suffers reversal of fortune

SAC Capital Advisors, once known for bringing big returns to investors, now faces hefty penalty for insider trading.

    A US financial company has been handed the largest ever penalty for insider trading. SAC Capital Advisors was once known for bringing large returns for its investors. But now the hedge fund is being discredited after agreeing to plead guility to criminal charges.

    Al Jazeera's Kristen Saloomey reports from New York.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Interactive: How does your country vote at the UN?

    Interactive: How does your country vote at the UN?

    Explore how your country voted on global issues since 1946, as the world gears up for the 74th UN General Assembly.

    'We were forced out by the government soldiers'

    'We were forced out by the government soldiers'

    We dialled more than 35,000 random phone numbers to paint an accurate picture of displacement across South Sudan.

    Interactive: Plundering Cambodia's forests

    Interactive: Plundering Cambodia's forests

    Meet the man on a mission to take down Cambodia's timber tycoons and expose a rampant illegal cross-border trade.