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Transcripts For FBC MONEY With Melissa Francis 20130427



to assess whether steve cohen will be indicted, as sac agree to move its august, so we will know. this is why this summer is so important. melissa: of big deal, and to give our viewers the back story, the head of sac capitol. melissa: one of the biggest hedge funds. speculation has been swirling about an investigation into insider trading. reporter: that speculation is whether he will be indicted. the suspicious trades in question are from 2008. a 5-year statute of limitations. the statute of limitations runs out in july. it. melissa: to other major players already. michael steinberg, a former portfolio manager has been indicted. here s the thing. at investors are saying, like blackstone, a big private equity farm, they re saying, listen, you had the redemption date in may. we can make about mines. we don t know what will happen until july. and what they did is announced a couple of hours, essentily, we re going to move that outcome of the targets so that you can t ....

United States , New York , Napa Valley , Saudi Arabia , District Of Columbia , San Francisco , Ted Ceos , Michael Steinberg , Gwyneth Paltrow , Gerri Willis , Steve Forbes , Melissa A Francis , Daniel Johnson , Chris Jenner , Morris Myers , Los Angeles , Melissa Francis , Tom Sullivan , Steve Cohen , Tim Cook , Chris Brown ,

Transcripts For FBC MONEY With Melissa Francis 20130426



to assess whether steve cohen will be indicted, as sac agree to move its august, so we will know. this is why this summer is so important. melissa: of big deal, and to give our viewers the back story, the head of sac capitol. melissa: one of the biggest hedge funds. speculation has been swirling about an investigation into insider trading. reporter: that speculation is whether he will be indicted. the suspicious trades in question are from 2008. a 5-year statute of limitations. the statute of limitations runs out in july. it. melissa: to other major players already. michael steinberg, a former portfolio manager has been indicted. here s the thing. what investors are saying, like blackstone, a big private equity farm, they re saying, listen, you had the redemption date in may. we can make about mines. we don t know what will happen until july. and what they did is announced a couple of hours, essentially, we re going to move that outcome of the targets so that you c ....

New York , United States , Napa Valley , Saudi Arabia , District Of Columbia , San Francisco , Ted Ceos , Michael Steinberg , Gerri Willis , Warren Buffett , Steve Forbes , Melissa A Francis , Daniel Johnson , Chris Jenner , Morris Myers , Los Angeles , Melissa Francis , Tom Sullivan , Steve Cohen , Tim Cook , Chris Brown ,