December 16, 2017

SAC Capital Traders Found Guilty

Before "Man of Steel" and even before SAC Capital was started, juries have been finding defendants guilty throughout the universe.

SAC Capital has been all over the news recently. Besides the art scene, the hedge fund’s manager, Steve Cohen, makes every attempt to avoid the press. The firm settled with the SEC for $500 million related to insider trading allegations. In December, the New York Times had the headline: “SAC Capital Traders Found Guilty.” It […]

SAC Capital Insider Trading Rumors Sticking Around

SAC Capital Insider Trading Rumors are Sticking Around

SAC Capital insider trading rumors sticking around, write Jenny Strasburg and Jean Eaglesham in The Wall Street Journal. The hedge fund has been subpoenaed regarding insider trading of former employees and connections over the past year. Wall Street regulators expressed mounting concern about SAC Capital Advisors’ trading over a nine-year period, detailing in dozens of […]

The Best Hedge Fund Managers Bet Against the World

Steve Cohen, SAC Capital's manager, is among the few hedge fund managers to post gains this year.

The biggest and the best hedge fund managers bet against the world to post gains this year, as the competition reels from losses. Included among the winners is SAC Capital, a $14 billion hedge fund run by Steve Cohen. SAC charges the highest fees in the industry of 3% of assets and 50% of gains […]

SAC Capital Invests in Capital Goods

SAC Capital invests in capital goods, reports Dave Friedman at Wall St. Cheat Sheet. http://bit.ly/p7TP7g SAC is a hedge fund run by Steven A. Cohen in Stamford, CT. The firm has $14 billion under management. SAC Capital’s trading activity accounts for 1% of the daily activity of the New York Stock Exchange. Cohen, one of […]