Financial Stories In Court: Flash Trader And AIG
Navinder Sarao is making an initial court appearance in the U.K., after he was arrested yesterday by British authorities on U.S. charges that he helped cause what’s known as the “flash crash,” when the Dow Jones Industrial Average fell by 1,000 points on May 6, 2010.
CNN’s Maggie Lake joins Here & Now host Jeremy Hobson to take a look at this case, as well as the trial over the 2008 government bailout of American International Group, or AIG. Closing arguments are being delivered today.
Copyright 2021 NPR. To see more, visit https://www.npr.org.