DealBook – After A Decade, SAC Capital Blinks – 5 November 2013

DealBook

By BEN PROTESS and PETER LATTMAN

SAC Capital first sought to fend off a federal indictment. Then the hedge fund, run by the billionaire Steven A. Cohen, offered to pay about $700 million to settle. Finally, SAC suggested it plead guilty to only some of the criminal charges in the five-count indictment.

But at every turn, the government refused.

Read the whole story at:  www.dealbook.nytimes.com/ link to original article

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