SAC Capital's New Problem: Underperforming the Market

[OnClose]

http://www.cnbc.com/id/100795719?__...yahoo&doc=100795719|SAC Capital's New Woe: Un

 

[zdreg]

what do you expect when the government is all over you trying to destroy your business?

 

[jem]

I wonder if his performance will be similar to when a MLB star goes off the PEDs.

 

[Pekelo]

Quote from zdreg:

what do you expect when the government is all over you trying to destroy your business?

What do you expect when the government is destroying your edge (insider trading)?

FTFY

 

[zdreg]

Quote from Pekelo:

What do you expect when the government is destroying your edge (insider trading)?

FTFY

1.innocent until proven guilty
2. they have no right to destroy your business\
they haven't proven anything to date.

you sure know your acronyms.

 

[smallStops]

http://www.ft.com/cms/s/0/f8b600ae-5a42-11e0-86d3-00144feab49a.html#axzz2VXLGNLL3

I think at the end , Raj Rajaratnam the HF owner is now basially doing his 11-years jail time.
I am still to wonder if they really can't make money without insider trading.

 

[atticus]

It's moot. SAC is basically a family office now.

 

[Hydroblunt]

Quote from zdreg:

1.innocent until proven guilty

Oh Please. Cohen has pretty much admitted to this when years ago he stated that he pays top dollar to get the breaking news info before any other client. It's all about information.

Do you really need help making the connection? Obviously SAC was insider trading, difference is that they do it better than anyone, with top notch models & strategies to react to the news.

 

[Pekelo]

Quote from zdreg:

1.innocent until proven guilty

Proven guilty, thus guilty.

2. they have no right to destroy your business\

My great uncle was a very profitable burgler. How did the government dare to destroy his business by jailing him??? (for morons, it is a joke/analogy)

 

[pemully]

show me the man and Ill find the crime