SAC Traders Face Redemption Day

Criminal and civil charges notwithstanding, redemption day can be intimidating. After hemorrhaging outside investor cash of $1.7 billion in the first quarter and nearly $3 billion in the second quarter, SAC Capital Advisors is bracing for a flurry of notices from investors requesting the return of the last of the capital invested by outside clients, estimated to come in at around $1 billion.
While

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