Hedge Fund SAC Capital embroiled in another insider trading scandal
Matthew Martoma (above), ex-trader for the mammoth hedge fund SAC Capital, was freed today on $5 million bond for charges that he used inside information to reap $276 million in profits and avoided losses for his company. This is one of several insider trading cases linked to SAC in recent years.
Check out my Storify for the latest developments: http://storify.com/awmorrell/sac-capital-linked-to-insider-trading-scandal