SAC Capital

The rumors keep swirling around Steve Cohen and his massive hedge fund SAC Capital. The latest story details dozens of confidential reports about suspicious trading ahead of market moving moving news. According to the Wall Street Journal, FINRA, a self regulating agency for securities firms, has...

Convicted Ponzi scheme architect Bernie Madoff responded to FOX Business Network's Charlie Gasparino's story which pointed out the lies that Madoff continues to spin from his prison cell. Madoff's response came via “lengthy and somewhat rambling emails,” in which he not only refuted Gasparino's...

During a six-week long interview process, convicted Ponzi scheme architect Bernie Madoff discussed his crime, insider trading on Wall Street, life in prison and his family relations with FOX Business Network's (FBN) Charlie Gasparino. Madoff states that insider trading “goes on at every major firm'...

The big story in Wednesday's after hours trading session is the annihilation of one-time biotech darling Dendreon (NASDAQ: DNDN) after the company reported its second quarter earnings results. It didn't go so well...the stock is down 62% in late trading! No one wants to see this (except the shorts...

OCZ Technology Group Inc. (NASDAQ: OCZ) has been the subject of much press recently, as it was featured negatively on a Seeking Alpha post a few weeks ago. The post essentially said that OCZ Technology was essentially a fraud, and the stock got crushed that day, losing nearly 20%. Well fast...

FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that despite government probes into SAC Capital for insider trading, they “continue to take in assets despite these investigations.” Sources tell Gasparino that SAC “has raised 1.5 billion dollars since mid 2010” when the...

The People's Party won 38% of the vote in Spain, as the ruling Socialist party appears to be coming to an end. Greek Prime Minister George Papandreou said that the debt crisis will be overcome without a major restructuring. SAC Capital Advisors is being probed by Congressional investigators.

It sure looks that way, according to this New York Post article. It appears the hedge fund honcho has lost his interest in owning a stake in the embattled National League franchise, which is looking to sell as much as $200 million worth of the team, as owners Fred and Jeff Wilpon look to settle...

FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that hedge fund manager and founder of SAC Capital Steven Cohen is “not distracted” by the Justice Department's “intensifying probe” into the company on allegations of insider-trading. Gasparino reports that Cohen feels “...

A tweet from Sports Illustrated writer Jon Heyman shows that SAC Capital founder Stevie Cohen may not win out on the stake in the New York Mets. Heyman said that Cohen's bid is not at the top of the list, and that interest in the team is surprisingly strong. Cohen's name has been closely linked...

According to a Reuters special report, that seems to be the case. Steven Cohen's $13 billion hedge fund wasted no time in responding to the insider trading charges against two former employees, Donald Longueuil and Noah Freeman. SAC Capital's clients are giving the fund the benefit of the doubt....

Yesterday it was revealed that a couple of former SAC Capital employees were arrested on insider trading charges, and more is coming to light in the case. Noah Freeman and Donald Longueuil, from SAC, as well as Samir Barai, the founder of Barai Capital Management, and Jason Pflaum, were charged...

SAC Capital Advisors, the prestigious hedge fun run by Stevie Cohen, has come up quite frequently in the insider trading case that's sweeping the industry. Today, Noah Freeman, a former SAC Capital was arrested, and is now agreeing to help the prosecutors get someone much larger than himself. SAC...