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Feds mull racketeering charge for SAC

Call him Capo Cohen. Federal prosecutors, amid a criminal insider trading probe of Steve Cohen’s SAC Capital, are weighing the possibility of charging the $15 billion hedge fund as a criminal enterprise — a tool traditionally used to bust organized crime families.The news, reported earlier by the Financial Times… …read more
Source: NY Post

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Posted by on May 22, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.