Former SEC attorney Elizabeth Nowicki and FBN's Charlie Gasparino on whether Matthew Martoma will roll over on SAC's Steve Cohen.
SAC Capital Advisors (SAC Capital Partners, SAC Capital Management) is a group of hedge funds.
If you were down for long, you'd be out the door.
The SAC Capital Advisors brand starts 2014 severely sullied, but that negative reputation hasn't stopped recent alums of the firm from raising piles of cash.
Former SEC attorney Elizabeth Nowicki and Charlie Gasparino discuss SAC Capital's battle with the government.
Billionaire investor Steven A. Cohen's SAC Capital Advisors is ending its life as a hedge fund with a 20.1% gain this year, marking one of the industry's best returns even after SAC pleaded guilty to insider trading charges, a source familiar with the numbers said.
Traders from Steven A. Cohen's beleaguered SAC Capital Advisors continue to leave for rival shops.
Mathew Martoma, the latest employee of Steven A. Cohen's SAC Capital Advisors to face trial on insider trading charges, lost a bid on Friday to delay his trial, which is scheduled to start on January 6th.
Movement of the people.
It was easy come, easy go.
From the beginning, one of the concerns expressed by lawyers for hedge fund portfolio manager Michael Steinberg was that their client would have a hard time finding jurors who weren’t biased by the overload of negative news coverage of his employer, SAC Capital.
Embattled hedge fund giant SAC Capital is moving to strengthen its compliance protocols and adopt stricter policies against insider trading, according to a letter to shareholders from founder Steve Cohen shared with CNBC.
In recent months, as his legal troubles have deepened, the billionaire hedge-fund manager Steven A. Cohen has sold stocks to meet withdrawal requests from skittish investors.
Not a bad return in 2 days!
It was easy come, easy go.
As SAC Capital fights an insider trading indictment and braces for investor withdrawals, the giant hedge fund has quietly shuttered one of its stock trading units, people briefed on the matter said.
Longtime SAC Capital compliance chief Steve Kessler is leaving the hedge-fund firm after nine years, according to a source familiar with the matter.
Bloomberg Businessweek senior writer Paul Barrett examines the insider trading charges against SAC Capital.
Reuters reports that Goldman Sachs has promoted from within and named Mark Sorrell, 37, and Anthony Gutman, 36, to become heads of UK investment banking in succession to Julian Metherell, who recently left the firm to go work at former BP CEO Tony Hayward's planned $1.6bn global energy fund.
FBN's Charlie Gasparino on law enforcement officials wiretapping conversations between SAC Capital founder Steve Cohen and government cooperators.
Everyone loves a good party. Except, on occasion, the image-conscious superrich.