Senior SAC Trader Arrested, Given Perp Walk

Another slap on the wrist is forthcoming, with the Big Kahuna still untouchable.  I wonder how much a get-out-jail-free card is worth these days for hedgies.

http://www.zerohedge.com/news/2013-03-29/senior-sac-trader-arrested-given-perp-walk

SAC Capital Partners Bets A Quarter Billion On Gold, Silver, & Mining Shares

http://bullmarketthinking.com/sac-capital-partners-bets-a-quarter-billion-on-gold-silver-mining-shares/

Former SAC Trader Busted With Biggest Insider Trading Profit In History

Here is zero hedge's take on the latest allegations of insider trading by one of SAC's tentacle hedge funds.

http://www.zerohedge.com/news/2012-11-20/former-sac-trader-busted-biggest-insider-trading-profit-history

Cohen linked to $276m insider trading scheme

Anybody who has invested in the biotech battleground stock Dendreon knows there are dark forces behind Wall Street's manipulation of markets.  Or anybody who has read "Deep Capture" understands this also.  I have done both--back in 2009.  There are many other cases--not just these two alleged cases of insider trading.  The SEC, FBI, and DOJ:  better late than never.

http://www.ft.com/intl/cms/s/0/8b17542a-3327-11e2-8e44-00144feabdc0.html#axzz2Cff9v0dq

"At SAC It Was Understood You Provided Steve Cohen With Inside Information"

A few years ago, no one dared even to mention Stevie Cohen's name, for fear of retribution (and rumors he was connected with organized crime).  Now his name is being brought up again and again, with allegations of insider trading amongst his network of hedge funds.  Go to Deep Capture and now these entries from zero hedge.


http://www.zerohedge.com/news/2012-10-02/sac-it-was-understood-you-provided-steve-cohen-inside-information