Investors worried about an insider-trading scandal that has
engulfed SAC Capital Advisors want to get the straight scoop directly from the
hedge fund’s billionaire boss, Steve Cohen, NY Post reports.
SAC’s senior management is planning to hold a special call
today to try to allay concerns after a former portfolio manager was charged in
the government’s widespread crackdown on insider trading.
One former SAC investor, whose firm pulled capital in 2011
due to concerns about insider trading, said those remaining will “want to hear
at least directly from Stevie, preferably with non-gamed, pre-sent Q&As.” “I
would want to hear about this specific dealing and why this guy was a lone
wolf,” the investor said....
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