Honestly, I didn't expect anything else from you. Admitting that the big banks are huge burecratic institutions that are heavily regulated, while hedge funds like this are the ones that deal in shady illegal ventures would destory your worldview.
I just wanted to put this out there as a starter. The broader debate here I think is that when SAC Capital goes down, will we be comfortable with that? It will also be interesting to see if the big banks keep putting through trades for SAC or if they will halt that.
SAC Capital Indicted
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Re: SAC Capital Indicted
by Indy » Fri Jul 26, 2013 10:04 am
Yay they pursued a civil action! Yay consequences!
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