Extensive Article on How FBI Caught Up With SAC

[Parsad]

Very good Bloomberg article on how the FBI worked their way up to SAC.  Cheers!

 

http://www.bloomberg.com/news/2012-12-03/dream-insider-informant-led-fbi-from-galleon-to-sac.html

[LC]

I work in midtown...it's a pretty disgusting thought that this type of behaviour goes on where I eat lunch. My personal thoughts are that these types of seedy characters are usually overcompensating for a lack of skill by resorting to illegal trading.

[dcollon]

http://www.bloomberg.com/news/2012-12-05/citigroup-unit-said-to-advise-clients-against-sac-funds.html

 

[twacowfca]

http://www.bloomberg.com/news/2012-12-05/citigroup-unit-said-to-advise-clients-against-sac-funds.html

 

You beat me to it.  That same article also states that So Gen has advised their clients to pull their funds from SAC as soon as they can.

[dcollon]

Do you guys know how much of the money at SAC and other funds is actually Cohen's?

[twacowfca]

Do you guys know how much of the money at SAC and other funds is actually Cohen's?

 

More than half, I think.

[dcollon]

Thanks twacowfca. 

[dcollon]

As it relates

 

http://www.bloomberg.com/news/2012-12-06/diamondback-to-close-down-as-investors-pull-520-million.html

[Stone19]

Here is a clip I find interesting as this whole SAC thing reminds me of the movie Wall Street

[dcollon]

http://www.bloomberg.com/news/2012-12-06/level-global-co-founder-ganek-ruled-co-conspirator.html

 

[fareastwarriors]

‘Bro, I’m Going Rogue’: The Wall Street Informant Who Double-Crossed the FBI

 

 

https://www.bloomberg.com/news/features/2017-03-23/-bro-i-m-going-rogue-the-wall-street-informant-who-double-crossed-the-fbi