You Searched For "SAC Capital" and got 20 results
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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
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
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
2 mins read
Here's The Real Reason Why Wall Street Is Freaked Out About The Insider Trading Charges Against SAC Capital
Not only does Wall Street support the fund’s stock and derivatives trades, but the firm is also a r…
Julia La Roche
1 min read
Investors Have Decided To Pull $1.68 Billion From SAC Capital
Last year, the firm announced that investors had until yesterday to decide if they would pull their…
Linette Lopez
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
2 mins read
A Quick Update On All The Big Investor Money SAC Capital Is Missing Out On
Since the beginning of 2013, the most profitable hedge fund in the world, has been girding its loin…
Linette Lopez
1 min read
REPORT: SAC Capital Is Going To Give Bigger Base Salaries And Bonuses To Keep Portfolio Managers From Leaving
In late July, SAC was slapped with criminal insider trading charges. U.S. prosecutors charged SAC "…
Julia La Roche
1 min read
Undercover Mole Has Implicated Another Former SAC Capital Trader In An Insider Trading Scheme
Investigators have been concentrating their efforts on SAC Capital in a big way for years. The heat…
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
US ATTORNEY ON BUSTING HEDGE FUNDS: 'Sometimes A Small Fish Is Very Delicious'
Of course, reporters tried asking about the implications of the charges against SAC CEO Stevie Cohe…
Rob Wile
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
1 min read
A Former SAC Analyst Told The Feds He Was Pressured To Get Inside Information
Obviously, this isn't going to help SAC Capital's billionaire founder Steve Cohen. At the end of la…
Linette Lopez
1 min read
SAC Capital Just Got A New Name
Last summer, SAC was criminally indicted on insider trading charges. Federal prosecutors charged th…
Julia La Roche
1 min read
Steve Cohen Is Pitching To New Investors At Yankee Stadium Today
Cohen's SAC Capital has come under scrutiny in the last several months over alleged insider trading…
Julia La Roche
1 min read
SAC Capital Pleads 'Not Guilty' To Five Charges Of Criminal Insider Trading
An exterior view of the headquarters of SAC Capital Advisors, L.P. in Stamford, Connecticut on July…
Julia La Roche
1 min read
A Hedge Fund Consultant Who Admitted To Passing Tips To SAC Portfolio Managers Is Naming Names Like Crazy
Wang pleaded guilty to two counts of conspiracy to committ securities fraud and testified against h…
Linette Lopez
1 min read
REPORT: SAC Capital Is Going To Shut Down Its London Office
Back in July, SAC, which is run by billionaire Steve Cohen, was criminally indicted in federal cour…
Julia La Roche
1 min read
SAC Capital's Going To Change Its Name Very Soon
Feel free to sound off in the comments section with ideas for a new name for SAC Capital. We also s…
Julia La Roche
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…