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Friday, February 17, 2012 - 5:01pm
Feds Charge Expert Networker John Kinnucan In Insider Trading Case
The government's sprawling insider trading case netted another fish yesterday afternoon as the FBI took John Kinnucan into custody at his Portland, Oregon home. Kinnucan, the founder of expert network firm Broadband Research LLC, was charged with one count of conspiracy to commit securities fraud,...
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Thursday, February 16, 2012 - 3:21pm
ETFs For 13F Filing Season: Part II
It's safe to assume most investors would like to invest along side the smart money. A difficult task to be sure, but the 13F filing courtesy of the Securities and Exchange Commission can certainly help. For those not in the know, here's a quick explanation of what 13F's are straight from the...
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Wednesday, November 16, 2011 - 1:13pm
Invest Like Steve Cohen...Using ETFs
Investors looking to pull off their best impression of SAC Capital honcho Steve Cohen have a few options. Among them: Come up with the coin to invest in SAC and have Cohen and his crew manager you money. However, the minimum investment, whatever it is, is probably off limits to more than 90% of...
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Wednesday, October 26, 2011 - 1:28pm
Feds Still After Stevie Cohen...
The rumors keep swirling around Steve Cohen and his massive hedge fund SAC Capital. The latest story details dozens of confidential reports about suspicious trading ahead of market moving moving news. According to the Wall Street Journal, FINRA, a self regulating agency for securities firms, has...
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Bernie Madoff Responds To Charlie Gasparino's Fox Business Network Story
Wednesday, August 31, 2011 - 4:08pm
Convicted Ponzi scheme architect Bernie Madoff responded to FOX Business Network's Charlie Gasparino's story which pointed out the lies that Madoff continues to spin from his prison cell. Madoff's response came via “lengthy and somewhat rambling emails,” in which he not only refuted Gasparino's...
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Bernie Madoff Tells Fox Business Network He's A Victim Of Wall Street
Friday, August 26, 2011 - 9:36am
During a six-week long interview process, convicted Ponzi scheme architect Bernie Madoff discussed his crime, insider trading on Wall Street, life in prison and his family relations with FOX Business Network's (FBN) Charlie Gasparino. Madoff states that insider trading “goes on at every major firm'...
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Wednesday, August 3, 2011 - 7:50pm
SAC Capital Just Got Smashed On Its Dendreon Position!
The big story in Wednesday's after hours trading session is the annihilation of one-time biotech darling Dendreon (NASDAQ: DNDN) after the company reported its second quarter earnings results. It didn't go so well...the stock is down 62% in late trading! No one wants to see this (except the shorts...
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OCZ Technology Group Gives Back Gains As Stevie Cohen Enters Fray
Tuesday, June 7, 2011 - 11:14amOCZ Technology Group Inc. (NASDAQ: OCZ) has been the subject of much press recently, as it was featured negatively on a Seeking Alpha post a few weeks ago. The post essentially said that OCZ Technology was essentially a fraud, and the stock got crushed that day, losing nearly 20%. Well fast...
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Fox Business Network Reporting SAC Capital Is "Weathering Government Probes"
Monday, May 23, 2011 - 2:36pmFOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that despite government probes into SAC Capital for insider trading, they “continue to take in assets despite these investigations.” Sources tell Gasparino that SAC “has raised 1.5 billion dollars since mid 2010” when the...
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Benzinga's Political Roundup May 23, 2011
Monday, May 23, 2011 - 12:05pm
The People's Party won 38% of the vote in Spain, as the ruling Socialist party appears to be coming to an end. Greek Prime Minister George Papandreou said that the debt crisis will be overcome without a major restructuring. SAC Capital Advisors is being probed by Congressional investigators.
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