Tuesday, May 20, 2014

Michael Steinberg; SAC Inside Trading Deft Sentenced To Three Years!

 Michael Steinberg, a  former  SAC Capital  veteran, was sentenced to three years in prison. The Judge  during the sentencing hearing  actually seemed to like Steinberg .  He went easy on sentencing, wished him and his family luck  and permitted   Steinberg to  remain free pending appeal.  From  I've been able to  learn, there may very well be some  "real  issues on appeal"  as they relate to the Court's  Jury Charges . We shall see.
   In the meantime, Steinberg still refuses  to implicate Steven  A. Cohen, his former boss. Very  interesting....

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