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Cohen Subpoena Puts SAC Settlement Talks On Ice

Melting Ice Cube

Settlement talks between SAC Capital and the federal government, which could have led to a pact preventing criminal charges against founder Steven Cohen, are off after Cohen was issued a subpoena by prosecutors last week.



Pointing The Finger

Goldman to face Abacus lawsuit

Goldman Sachs will have to defend in court against an investment insurer’s claims that it lied about billionaire John Paulson’s position in a security known as Abacus.