SAC Capital

“The Global Bust-Out Series (Chapter 7): Michael Milken and the “Insider Trading” Network (as of 2013)

The "insider trading network" that the FBI is currently investigating is similar to an "insider trading" network that the FBI investigated in the 1980s--and the network is involved in much more than just "insider...
Mark Mitchell
40 min read

There is More to the SAC Capital Story

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.
Mark Mitchell
3 min read

The SAC Capital Scandal–Made For TV

The SAC Capital insider trading scandal has been portrayed (and cleansed) as fictional TV.
Mark Mitchell
1 min read

New Evidence Raises Serious Questions About Kingsford Capital’s “Donation” to the Columbia Journalism Review

How a network of miscreant hedge funds keep unflattering stories out of the media
Mark Mitchell
9 min read

Steve Cohen, the anti-Midas

This brings us to another interesting phenomenon: the startlingly high mortality rate of SAC-sponsored spin-off hedge funds.
Judd Bagley
2 min read

Blue Kryptonite and naked short selling

Within minutes of my introduction to the world of short selling hedge funds, I encountered the analogy that remains the best suited to describe the truth to which they subscribe: Bizarro World.
Judd Bagley
5 min read

Email Exposes Short Seller Plot to Destroy a Public Company

This is Part 3 of an ongoing series. Read Part 1 Read Part 2 A few years ago, a clique of influential journalists went to extraordinary lengths to cover up the problem of illegal...
Mark Mitchell
9 min read

Bernard Madoff, the Mafia, and the Friends of Michael Milken

In 2005, Patrick Byrne, the CEO of Overstock.com and future Deep Capture investigative reporter, began a public crusade against illegal naked short selling (hedge funds and brokers creating phantom stock to manipulate stock prices...
Mark Mitchell
28 min read

Strange Occurrences, and a Story about Naked Short Selling

An investigation into naked short selling and Wall Street leads to death threats
Mark Mitchell
14 min read