Wait until first quarter, says SAC's Steve Cohen
Mon Sep 29, 2008
SAC Capital Advisors founder Steve Cohen told investors
early last month that he doesn't expect the markets to rebound
until the first quarter of 2009. But that hasn't stopped him
from going on a hiring binge, adding 25 portfolio managers this
year and leading to some worries that his infrastructure might
be getting too big to support the type of market opportunities
available these days.
ISSN: 2151-1845 / CDC10004H
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