GuruFocus Premium Membership

Serving Intelligent Investors Since 2004

Try It 100% FREE for 7 Days!

Free 7-day Trial
All Articles and Columns »

SAC Capital under fire. A sad Frontline story of the rampant insider trading on Wall Street.

January 09, 2014

A damning story on the rampant insider trading among some Wall Street firms, SAC and Galleon in particular. Film of Steven Cohen (Trades, Portfolio) under deposition in recent years is less than inspiring. Under deposition, Mr. Cohen was asked if he believes trading on a tip from a journalist about an imminent negative news story is OK. His answer is shocking.

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

» Take a Free Trial of Premium Membership

Rating: 5.0/5 (2 votes)


Please leave your comment:

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial