A Hedge Fund Manager Says SAC Taint Is Manageable

NYT – Dmitry Balyasny is one hedge fund owner who isn’t afraid of hiring traders from SAC Capital Advisors as long as they were far away from the “messiness” that engulfed the firm during the federal government’s crackdown on insider trading.

“There were people there who did the wrong things and it seems to have been an aggressive culture,” Mr. Balyasny said in a conference call last month with investors in his fund, Balyasny Asset Management. “Quite a number of people are completely clean and had no contact with the messiness that was going on.”

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