You Searched For "SAC Capital" and got 20 results
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2 mins read
A former SAC Capital portfolio manager closing his $1 energy billion hedge fund after only three years of trading
Tiller left SAC in 2013 and founded a non-profit organization that consults with and invests in com…
Bradley Saacks
1 min read
SAC Capital's Top Compliance Officer Is Leaving
SAC, the once $14 billion Stamford, Conn-based hedge fund run by Steven A. Cohen, was criminally in…
Julia La Roche
2 mins read
SAC Capital Braces For Mass Exodus Of Investor Capital
According to Bloomberg, SAC was the most profitable large hedge fund in the world in 2012, so the q…
Linette Lopez
1 min read
ANOTHER ONE: Veteran SAC Capital Trader Arrested
Michael Steinberg, 40 years old, was led out of his building on New York's Park Avenue in handcuffs…
1 min read
REPORT: SAC Will Plead Guilty To Insider Trading As Soon As Monday
As a result of the guilty plea SAC will effectively shut as a firm managing other people's money an…
Rob Wile
2 mins read
One Of The SAC Capital Insider Trading Cases Is Coming Down To What The Word 'Edgy' Means
The gist of the trial is this: Steinberg was the boss of a former SAC analyst named Jon Horvath. Ho…
Steven Perlberg
1 min read
Steve Cohen Couldn't Sell His High-Priced Art Last Night
A quarter of the "high-profile Impressionist and Modern paintings" went unsold at the auction. Tota…
Steven Perlberg
1 min read
The Government Just Finished Up Its Press Conference On SAC Capital - Here's What We Learned
A few more important points about the settlement: The SEC will create a timetable for unwinding the…
Linette Lopez
1 min read
SAC Capital Has Plead Guilty To Insider Trading, Will Pay $1.8 Billion, And Shut Down To Outside Investors
The FBI, the Justice Department and the SEC have all been involved in investigating SAC in their ow…
Linette Lopez
3 mins read
Anthony Scaramucci Went On Such An Epic Rant Defending Steve Cohen That CNBC Delayed Its Commercial Break
"Scott, when they paint you into the corner and they have unlimited resources OK. And you're trying…
Julia La Roche
1 min read
REPORT: SAC Capital Will Pay Over $1 Billion As Insider Trading Penalty
U.S. prosecutors and SAC Capital agree in principle on insider-trading penalty exceeding $1billion.…
Linette Lopez
1 min read
SAC Capital's Steve Cohen Is Trying To Sell Two Of His Awesome Warhol Paintings
The two Warhols, both painted in 1963, are "Liz #1 (early Colored Liz)," an image of Elizabeth Tayl…
Steven Perlberg
1 min read
SAC Capital Is Performing Pretty Well For A Hedge Fund Under Such Intense Scrutiny
Now, 13% still doesn't beat the S&P 500, which is up 16% YTD, but 13% is a nice number when you…
Linette Lopez
1 min read
Some Traders Will Be Able To Jump Ship From SAC Capital, Some Will Definitely Not
Other traders have no choice. Since Wall Street doesn't really know the extent of the government's …
Linette Lopez
1 min read
Alleged SAC Insider Trader To Colleague: 'Please Be Discreet'
“I have a 2nd hand read from someone at the company – this is 3rd quarter I have gotten this read f…
Rob Wile
1 min read
SAC LOYALIST: 'I Feel Like Will Smith In 'I Am Legend' When Everyone Else Has Died'
While Butowsky isn't seeking a payout, many of SAC's other major clients like Blackstone already he…
Steven Perlberg
1 min read
REPORT: SAC Investors Want Their Money Back Now, And That's Not OK With Steve Cohen
SAC started the year with $15 billion of assets, about $6 billion of which belonged to outsiders. A…
Steven Perlberg
1 min read
A former star investor at Steve Cohen's SAC Capital is having a killer year
Plotkin is known to have been one of the star money makers at Steve Cohen's SAC Capital, which has …
Rachael Levy
1 min read
Steve Cohen's SAC Capital Is Closing Its Chicago Office
The hedge fund was the most profitable of the large hedge funds in 2012, according to Bloomberg, bu…
Linette Lopez
1 min read
Judge In SAC Insider Trading Settlement Is Sounding Skeptical Of The Deal
The SEC came to the record settlement with the embattled hedge fund earlier this month. It's meant…