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Sac indicted by us

Federal authorities yesterday indicted Steve Cohen’s SAC Capital Advisors, charging the $14 billion hedge-fund firm with operating an unprecedented insider-trading scheme stretching over more than 10 years.
Cohen, who wasn’t charged, nonetheless headed a hedge-fund firm that made “hundreds of millions of dollars in illegal profits,” according to… …read more
Source: NY Post

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Posted by on July 26, 2013. Filed under Business News,U.S. News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.