Daily Archives: June 4, 2013

John Gapper

There are various ways for prosecutors to put pressure on people, and one is to let them know they are being investigated – and then wait.

Steve Cohen of SAC Capital, the embattled hedge fund, is finding out how tough Preet Bharara, federal attorney for the southern district of New York, can play. Mr Bharara is taking his time in assembling a case against SAC for alleged insider trading