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Ex-SAC Capital Manager Tells FBI Fund Used Insider Data

Blowing Whistle

A former SAC Capital Advisors LP portfolio manager told the FBI it was 'understood' that those assigned to give their best trading ideas to founder Steven Cohen would provide him with insider information, according to an agent’s notes of the conversation.

Additional Charges Filed Against Ex-Bernie Madoff Employees

Bernie Madoff

Preet Bharara, the United States Attorney for the Southern District of New York announced Monday that DANIEL BONVENTRE, ANNETTE BONGIORNO, JOANN CRUPI, a/k/a “Jodi,” JEROME O’HARA and GEORGE PEREZ, long-time employees of Bernard L. Madoff Investment Securities LLC (“BLMIS”), were charged in a 33-count Superseding Indictment.



Calendar Close Up

Why M&A is on a tear in 2015

Dealmaking hit an eight-year high in the first quarter as the cost of doing deals remains low and companies are chasing organic growth, the co-president of private equity firm THL Partners said Wednesday.