America Breaking News: U.S. Charges SAC Capital Hedge Fund With Criminal Fraud

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America Breaking News: U.S. Charges SAC Capital Hedge Fund With Criminal Fraud

by Wochit 1:13 mins

America Breaking News: U.S. Charges SAC Capital Hedge Fund With Criminal Fraud

by Wochit 1:13 mins

Federal prosecutors unveiled criminal fraud charges against billionaire Steven A. Cohen's SAC Capital Advisors LP, capping a nearly seven-year probe into one of Wall Street's most renowned firms. Attorney General Eric H. Holder said the Justice Department would ask a court to require Texas to get permission from the federal government before making voting changes in that state for the next decade. The move opens a new chapter in the political struggle over election rules after the Supreme Court struck down a portion of the Voting Rights Act last month. Forget Red October. Alec Baldwin is on the hunt for Carlos Danger. The Long Island native star penned an op-ed in The Huffington Post calling on Anthony Weiner to withdraw his bid for New York City mayor in the wake of news that the disgraced former Democratic representative resumed sexting online after resigning from Congress in 2011. The reason, Baldwin cites, is Weiner's difficulty regaining the public trust.

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