[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

"Pete Rose, 'Shoeless' Joe Reinstated by MLB, Eligible for HOF"

"'Major Breakthrough': Here Are the Details on the China Trade Deal"

Freepers Still Love war

Parody ... Jump / Trump --- van Halen jump

"The Democrat Meltdown Continues"

"Yes, We Need Deportations Without Due Process"

"Trump's Tariff Play Smart, Strategic, Working"

"Leftists Make Desperate Attempt to Discredit Photo of Abrego Garcia's MS-13 Tattoos. Here Are Receipts"

"Trump Administration Freezes $2 Billion After Harvard Refuses to Meet Demands"on After Harvard Refuses to Meet Demands

"Doctors Committing Insurance Fraud to Conceal Trans Procedures, Texas Children’s Whistleblower Testifies"

"Left Using '8647' Symbol for Violence Against Trump, Musk"

KawasakiÂ’s new rideable robohorse is straight out of a sci-fi novel

"Trade should work for America, not rule it"

"The Stakes Couldn’t Be Higher in Wisconsin’s Supreme Court Race – What’s at Risk for the GOP"

"How Trump caught big-government fans in their own trap"

‘Are You Prepared for Violence?’

Greek Orthodox Archbishop gives President Trump a Cross, tells him "Make America Invincible"

"Trump signs executive order eliminating the Department of Education!!!"

"If AOC Is the Democratic Future, the Party Is Even Worse Off Than We Think"

"Ending EPA Overreach"

Closest Look Ever at How Pyramids Were Built

Moment the SpaceX crew Meets Stranded ISS Crew

The Exodus Pharaoh EXPLAINED!

Did the Israelites Really Cross the Red Sea? Stunning Evidence of the Location of Red Sea Crossing!

Are we experiencing a Triumph of Orthodoxy?

Judge Napolitano with Konstantin Malofeev (Moscow, Russia)

"Trump Administration Cancels Most USAID Programs, Folds Others into State Department"

Introducing Manus: The General AI Agent

"Chinese Spies in Our Military? Straight to Jail"

Any suggestion that the USA and NATO are "Helping" or have ever helped Ukraine needs to be shot down instantly

"Real problem with the Palestinians: Nobody wants them"

ACDC & The Rolling Stones - Rock Me Baby

Magnus Carlsen gives a London System lesson!

"The Democrats Are Suffering Through a Drought of Generational Talent"

7 Tactics Of The Enemy To Weaken Your Faith

Strange And Biblical Events Are Happening

Every year ... BusiesT casino gambling day -- in Las Vegas

Trump’s DOGE Plan Is Legally Untouchable—Elon Musk Holds the Scalpel

Palestinians: What do you think of the Trump plan for Gaza?

What Happens Inside Gaza’s Secret Tunnels? | Unpacked

Hamas Torture Bodycam Footage: "These Monsters Filmed it All" | IDF Warfighter Doron Keidar, Ep. 225

EXPOSED: The Dark Truth About the Hostages in Gaza

New Task Force Ready To Expose Dark Secrets

Egypt Amasses Forces on Israel’s Southern Border | World War 3 About to Start?

"Trump wants to dismantle the Education Department. Here’s how it would work"

test

"Federal Workers Concerned That Returning To Office Will Interfere With Them Not Working"

"Yes, the Democrats Have a Governing Problem – They Blame America First, Then Govern Accordingly"

"Trump and His New Frenemies, Abroad and at Home"

"The Left’s Sin Is of Omission and Lost Opportunity"


Status: Not Logged In; Sign In

Business
See other Business Articles

Title: It’s On: The Insider Trading Raids Have Started
Source: WSJ
URL Source: http://blogs.wsj.com/deals/2010/11/ ... er-trading-raids-have-started/
Published: Nov 22, 2010
Author: By Shira Ovide
Post Date: 2010-11-22 13:58:43 by Brian S
Keywords: None
Views: 829
Comments: 1

Kicking off action on a vast government investigation into insider trading, the FBI raided the offices of two hedge funds run by former managers of Steve Cohen’s SAC Capital, the Journal is reporting.

Diamondback Capital Management LLC and Level Global Investors LP (now called Level Management LP). The hedge funds, according to their latest securities disclosures, have major portions of their funds in El Paso Corp., J.P. Morgan Chase, Citigroup and PPL Corp. (Diamondback); big holdings for Level include Virgin Media, Monstanto, Apple, Sina Corp and Oracle.

Diamondback’s market positions are valued at about $4.4 billion, according to LionShares, while Level’s holdings are valued at about $3.5 billion.

Read Diamondback’s securities holdings here, and those of Level here.

The raid follow a Journal scoop over the weekend that detailed a wide-ranging insider-trading probe that may be the large such case in years. The investigation is looking into consultants, hedge funds, bankers and mutual-fund traders.

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: Brian S (#0)

I noticed this in the past hour or so. They'll put up a few sacrificial lambs to make the sheeple think the Feds have clamped down on Wall Street.

Pure theater...

Fred Mertz  posted on  2010-11-22   14:01:45 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com