Bharara, Venizelos Speak About SAC Indictment
July 25 (Bloomberg) -- Manhattan U.S. Attorney Preet Bharara and George Venizelos, assistant director in charge of the FBI's New York field office, speak about an indictment alleging SAC Capital Advisors LP perpetrated an unprecedented insider trading scheme. The hedge fund founded by Steven A. Cohen was charged with four counts of securities fraud and one count of wire fraud in an indictment unsealed in Manhattan federal court. Bharara and Venizelos speak at a news conference in New York. (Source: Bloomberg)
Most Recent Videos
"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
25:40 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)