PODCAST: SAC Capital pleads guilty to insider trading
The headquarters of SAC Capital is viewed in Stamford, Connecticut.
A settlement is expected today between federal prosecutors and hedge fund SAC Capital Advisors over allegations of insider trading. SAC would pay $1.2 billion -- the largest fine ever for insider trading.
Colorado voters are deciding a closely-watched ballot initiative on Election Day 2013. Amendment 66 (A66) would raise income taxes in two tiers, depending on a resident’s incom, in order to pump $950 million more into pre-K-through-12 public education in the state. The vote’s considered by many to be a nationwide bellwether as to whether voters will pay more in taxes, to get a bigger, better school system, after years of budget cuts.
President Obama made it a priority to invest in advanced battery technology as an investment in the future. But another technology is revolutionizing energy storage today: the supercapacitor.