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SAC Capital to Hold Staff Meeting, Discuss Travails


SAC Capital will gather members of its 1,000-person staff after the markets close Thursday for the second time in two weeks, says someone familiar with the matter, hoping to address lingering questions about a new insider-trading probe and its ramifications for SAC's founder, Steve Cohen.



Skyscraper Window Cleaners

BlackRock rewrites risk rulebook

With $4.8 trillion in assets - or about the size of Japan’s economy - no one manages more money than BlackRock. So, it’s worth paying attention when the firm says it’s time to cast aside its trusted models for assessing risk in bonds.