Hedge-fund 'Fight Club' traded illegal tips instead of punches

... faces 20 years in prison if convicted. Steinberg's trial is providing a rare glimpse into the workings at SAC, the Stamford-based hedge fund founded and owned by billionaire Steven Cohen. Bharara has called SAC "a veritable magnet for market ...

http://www.newstimes.com/news/article/Hedge-fund-Fight-Club-traded-illegal-tips-5015023.php