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FBC Countdown To The Closing Bell July 30, 2013

Charges swirl. Countdown to the closing bell starts right now. Liz good afternoon, everybody. Im liz clamman. The heat is turned up on sac capital, and just a few hours ago, yet another arrest in the investigation into Insider Trading at the fund run ceo steve cohen. A former analyst in the cross hairs now charged today with, yes, Insider Trading, like the rest of him. Who is he . Aggarwal is a guy who worked in an unidentified firm, passing information about a strategic deal between microsoft and yahoo. He was acuesed of passing that to sac capital and one other unnamed hedge fund. The heat is also on a unit of Jpmorgan Chase today. It would fine 410 million for allegeddedly manipulating markets related to california and mid western electric markets. The jpmorgan Ve ....

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