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HomeWorldSAC Capital Advisors Trader Charged With Fraud

SAC Capital Advisors Trader Charged With Fraud

Jenny Strasburg/The Wall Street Journal

Early Friday morning, FBI agents arrested a longtime SAC Capital portfolio manager, Michael Steinberg, on insider-trading charges, making him the most senior employee of one of the nation’s most prominent hedge funds to be snared in the government’s sprawling probe.

(via WSJ)

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