SAC Capital Senior Officials are Scrambling to Prevent Massive Redemptions

Wall Street Pit FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that SAC Capital senior officials are “scrambling to prevent massive redemptions from the $14 billion hedge funds and are currently contacting and holding one-on-one meetings with large investors.” Excerpts from the report are below, courtesy of Fox Business Network. On SAC Capital’s attempts to prevent redemptions: [...] View the full post at: SAC Capital Senior Officials are Scrambling to Prevent Massive Redemptions Related posts: We Don’t Need an Uptick Rule Finding the Forest