US ATTORNEY ON BUSTING HEDGE FUNDS: 'Sometimes A Small Fish Is Very Delicious'

REUTERS/Issei Kato

The Southern District of New York, led by U.S. attorney Preet Bharara,  just wrapped up its press conference announcing charges against SAC Capital.

There weren't too many new revelations in Bharara's remarks which weren't already included in the indictment.

Of course, reporters tried asking about the implications of the charges against SAC CEO Steve Cohen, and why another portfolio manager ended up being charged instead.

Bharara didn't budge on that one either.