Open Thread: FBI, SEC Gunning for SAC ?

The WSJ is reporting the FBI raided the Connecticut offices of two hedge funds amid insider-trading case.

Marketwatch reports that the firms — Diamondback Capital Management and Level Global Investors — were spinoffs from SAC capital.

This which leads to the obvious question: Is the SEC chasing the big dog (Stevie Cohen), or was this merely a coincidence . . .?


What say ye?

What's been said:

Discussions found on the web:

Read this next.

Posted Under