A collection of news and information related to SAC Capital Advisors published by this site and its partners.
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In another sign of the government's intense focus on illicit trading on Wall Street, the FBI early Friday arrested a longtime SAC Capital Advisors portfolio manager on insider-trading charges.† Federal agents took Michael Steinberg into custody at his...
U.S. prosecutors on Friday charged Michael Steinberg, a veteran portfolio manager with Steven A. Cohen's $15 billion hedge fund, with engaging in insider trading in two technology stocks, the most senior SAC Capital Advisors employee to be charged in...
Tags: Justice System, Lawyers, Dell Inc., Police Arrests, Steven Cohen
Has billionaire hedge fund manager Steven Cohen purchased Picasso's "Le RÍve" from billionaire hotel and casino magnate Steve Wynn? A story in the New York Post this week reports that Cohen has bought the coveted painting for $155 million. If true,...
Tags: Mutual Funds, Arts and Culture, Steven Cohen, Arts
Insider-trading probe: In the March 16 Business section, an article about a Securities and Exchange Commission settlement with two affiliates of hedge fund SAC Capital Advisors mischaracterized a previous deal between the regulator and financier Michael...
Hedge fund titan Steven A. Cohen's firm, long the focus of a federal investigation into insider trading, is paying more than $600 million to U.S. securities regulators to settle allegations arising from improper trading in two stocks. The settlement with...
The Hartford CourantIn some ways, 2012 was a carryover year from news of 2011, as the governor continued his aggressive economic development spending, United Technologies Corp. consummated a deal it announced in 2011, and the year's nastiest labor strike grew out of a 2011...
Ray Dalio of Bridgewater Associates took home $3.9 billion last year. Fellow investment kings Carl Icahn and James Simons each made off with more than $2 billion. To the average plebeian, that’s a lot of money. But for the top 25 hedge fund earners...
Tags: Mutual Funds, Finance, Google+, Carl Icahn, Ray Dalio
Dodgers NowPeter O'Malley and Stanley Gold recently met to discuss whether the family of the former Dodgers owner and the family of the late Roy Disney might join forces in bidding for the Dodgers. The meeting was confirmed by a person......
Mar 29, 2013 |Story| Los Angeles Times
Mar 29, 2013 |Story| Hartford Courant
Mar 27, 2013 |Story| Los Angeles Times
Mar 20, 2013 |Story| Los Angeles Times
Mar 15, 2013 |Story| Hartford Courant
Dec 31, 2012 |Column| Hartford Courant
Mar 30, 2012 |Story| Los Angeles Times
Jan 18, 2012 | Los Angeles Times
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