According to the NY Post more bad news has landed at the doorstep of billionaire
hedge-fund honcho Steven Cohen. Cohen, who just had his ex-wife’s racketeering lawsuit
against him revived, learned yesterday that a former employee of his $14
billion SAC Capital Advisors has become quite the government stoolie.
Jon Horvath, an analyst with SAC’s Sigma Capital unit until
his arrest last year on insider-trading charges, pleaded guilty last September.
The government was given until March 31 to say whether he should be
sentenced. But he has apparently been so
helpful to prosecutors and the FBI probing fraud at SAC that the feds requested
the sentencing be put off for six months..
Wait....wait...there's more at http://www.nypost.com/p/news/business/stoolie_turns_up_heat_on_steve_lNXz1nJAtY3HuoFllMBbHP
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