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Market Currents

Saturday, November 7, 2009
8:00 AM TweetThis
  • WSJ reports a widening net aiming at insider trading on Wall Street now incorporates a close look at one of the largest, most successful hedge funds: Steven Cohen's SAC Capital Advisors. A cooperating witness will talk about transactions at a hedge fund he worked at for years, reportedly SAC.

This news story has 6 comments:

  •  
    Ha, one of the more subtle dangers of firing tons of workers...

    Some of them just might squeal you out.
    2009 Nov 07 08:03 AM Reply
  •  
    It might just be "Let's make a deal" time in the DA's office - AKA "Copping a Plea". It might have been helpful if we had a whistle-blower first and a witness last, instead of the other way around.
    2009 Nov 07 08:38 AM Reply
  •  
    Oh goody, Hedge Funds. That way you can look like you're doing something without going after the real crooks.
    2009 Nov 07 09:01 AM Reply
  •  
    Oh goodie- liquidation Monday coming !
    2009 Nov 07 09:38 AM Reply
  •  
    I guess there is no longer enough money to keep the thieves silent. They are turning on themselves. So one good thing has happened as a result of the corruption and greed in Washington.
    2009 Nov 07 01:15 PM Reply
  •  
    You know the ship is sinking when the rats are leaving.
    2009 Nov 07 05:45 PM Reply
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