Former SAC portfolio manager Michael Steinberg (center) exits a Manhattan federal court with his attorney after his indictment on securities fraud charges in March.
July 25, 2013 But billionaire hedge fund owner Steven Cohen was not hit with criminal charges. SAC is charged with one count of wire fraud and four counts of securities fraud in connection with alleged insider trading by "numerous employees."
October 22, 2008 On today's podcast, an Icelandic listener says the nation has plenty of food, an Icelandic reporter says that's true but the thrill's still gone, and David Kestenbaum wonders what's the matter with hedge fund.
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