SAC Capital's Steinberg arrested by FBI in insider probe

SAC Capital Advisors' headquarters in Stamford, Conn., Dec. 5, 2012. Photo: MARILYNN K YEE, New York Times SAC Capital Advisors fund manager Michael Steinberg was arrested at his New York home by FBI agents as the federal government's wide-ranging probe of insider trading at the firm got one step closer to its founder Steven A. Cohen .



via Stamford Newswire http://www.ctpost.com/news/article/SAC-Capital-s-Steinberg-arrested-by-FBI-in-4394513.php