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Facing pressure amidst investigations swirling about the firm, Steven Cohen's SAC Capital will...

Facing pressure amidst investigations swirling about the firm, Steven Cohen's SAC Capital will allow clients to pull a third of their investment each quarter. This is up from 25% and means those that wish to do so can liquidate their entire investment by 2013's end.
Comments (2)
  • Deja Vu
    , contributor
    Comments (1277) | Send Message
     
    Somebody didn't make their political contributions and hire the ex-SEC, ex-DOJ staffers for lavish salaries as they walked out of the revolving door.
    14 Feb 2013, 03:58 PM Reply Like
  • STDvooh
    , contributor
    Comments (641) | Send Message
     
    Which tells us that Steve Cohen and SAC Capital are big enough to operate without "nervous nelly" investors, and they aren't the least bit worried about the "investigation" leading to any trumped up charges against him or his Fund.
    14 Feb 2013, 05:58 PM Reply Like
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