SAC Capital news from FierceFinance
News
Ex-CNBC anchor still seeking hedge fund glory
Remember Ron Insana, the one-time CNBC anchor. Recall that he left the network in 2006 to pursue a career in the hedge fund industry. He formed a fund-of-funds, Read more...
Hedge funds to give up on fixed income?
The credit crunch continues to reverberate through much of Wall Street, eating away at jobs and forcing more write downs at most investment banks. One view was that Read more...
Biovail's case for short conspiracy debunked?
Recall that in early 2006, Biovail filed a $4.6 billion suit that charged 24 hedge funds and research analysts with engaging in a scheme to push the company's Read more...
Another bizarre Wall Street tale
These stories come in spates. Turns out the EEOC is now looking into a really odd accusation by Andrew Tong, a trader at SAC Capital. In the suit, Tong alleges that his boss forced him to take Read more...