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 Ventures Energy corporation did not admit or deny any of the market violations. Flipping over to the stock, jpmorgan moves lawyer by a percent of 55 cents. The stories about all kinds of issues and crime and punishment and wa
A recent decision from Justice Robert Reed of the Manhattan Commercial Division in J.P. Morgan Ventures Energy Corporation v. Miami Wind I, LLC, Goldthwaite Wind Energy LLC demonstrates.