Wednesday, January 22, 2014

Sabo's Book Club: 'The Bankers New Clothes' by Admati & Hellwig


FRONTLINE | Sneak Peek: "To Catch a Trader" | PBS

These videos used to be free to stream on YouTube but now PBS & Co. have caught on, charging viewers $1.99 to watch previously aired Frontline episodes. However, interested viewers can opt out from purchasing each episode by heading to PBS.org,

This episode of Frontline details the ongoing 7 year investigation of SAC Capital. Steven Cohen's hedge fund charged +50% in fees for investors but brought about +60% returns year after year.  Unreal returns produced are directly linked to insider trading.... Doesn't quite pass the sniff test, right?

Here's a sneak peak from "To Catch a Trader," but to watch the full episode click here.