Posted on 06 February 2014 by Mark Mitchell
Former SAC Capital portfolio manager Mathew Martoma was convicted today for insider trading, and there is much discussion that SAC Capital founder Steve Cohen might be next, despite earlier reports that Cohen was to escape criminal charges even as the DOJ described Cohen as operating a hedge fund that was a criminal enterprise through and […]
Steve Cohen has received a subpoena as part of the FBI’s big insider trading probe, but insider trading is the least of SAC Capital’s misdeeds.
Posted on 29 April 2013 by Mark Mitchell
The SAC Capital insider trading scandal has been portrayed (and cleansed) as fictional TV.
Posted on 21 November 2010 by Mark Mitchell
SAC Capital and other hedge funds might finally pay the piper.
Posted on 23 December 2009 by Judd Bagley
Hedge funds Third Point and Kynikos will find it quite impossible to delete all their correspondence with SAC, as DeepCapture.com possesses several of them which, it just so happens, implicate all three funds in a form of insider trading.
Posted on 05 November 2009 by Judd Bagley
As you encounter conversations on this topic in the days to come, it is a good opportunity to point out that Deep Capture published irrefutable evidence of insider trading at short selling hedge funds SAC Capital, Kynikos Associates and Third Point Partners almost one year ago.
Posted on 28 August 2009 by Mark Mitchell
SAC Capital’s business model: cheating
Posted on 18 August 2012 by Patrick Byrne
I first heard of William K. Black over 20 years ago as the regulator who had stood up to the “Keating 5” and come out the hero of the S&L crisis (in which I gained some early experience: hence my awareness of him). Later, as a professor of law and economics at University of Missouri in […]
Posted on 19 December 2010 by Patrick Byrne
On Thursday Overstock, a company for which I work by day (and most evenings and weekends, too) issued the following press release: “Overstock Adding Racketeering Allegations to Ongoing Lawsuit vs. Goldman Sachs and Bank of America Subsidiary Merrill Lynch: Company Files Motion to Amend its Lawsuit to Add Claims of Civil RICO“ Numerous stories quickly […]
Posted on 20 April 2010 by Mark Mitchell
The Goldman CDO scandal and other evidence suggests that the U.S. economy was set up for a fall by market manipulating hedge funds.