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Ghosts of Fairfax Financial: Now, Hedge Funds Scurry To Cut Ties To SAC


Parsad
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Judd Bagley article on how several hedge funds, including Kynikos, Greenlight, Third Point & Maverick, are cutting all ties to SAC Capital as the rumours continue to spread that they are the next big target of investigators.  Cheers!

 

http://www.marketrap.com/article/view_article/91190/ghosts-of-fairfax-financial-now-hedge-funds-scurry-to-sever-ties-with-sac-capital

 

 

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Possibly, but I'd put my money on them going to trial.  I don't think this is just an attempt at a moral victory for Prem...it's all about reputation, and he will want alot of what happened to go on the record and be out in the public.  Cheers! 

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