Record $1.8 billion insider trading fine for SAC Capital hedge fund
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The SAC Capital hedge fund has been slapped with a record $1.8 billion fine for insider dealing and a ban on investing money for external clients. It’s a major blow for the man who set up the fund 20 years ago, Steve Cohen. We also look at the launch of the website BuzzFeed in France. How will the French take to its curious mix of news?