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Thursday, August 15, 2013

Cohen's SAC Reduces U.S. Stock Holdings by $2 Billion Amid Probe

... and Sirius XM Radio Inc., which shrank by $163.7 million as the firm sold 53.2 million shares. SAC, based in Stamford, Connecticut, was accused by the U.S. government in a July 25 indictment of engaging in an unprecedented insider-trading scheme ...

http://washpost.bloomberg.com/Story?docId=1376-MRJT3F6S973G01-1Q7FAPQ4OH0SRQPJ9JIRNFP9BO

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