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Michael Steinberg, a top portfolio manager at SAC Capital Advisors, was found guilty Wednesday on charges that he traded on insider information.
CNBC's Kate Kelly reports former SAC trader Michael Steinberg has been found guilty on five counts ranging from conspiracy to securities fraud and faces a maximum of 85 years in prison.
Many of the gains from QE have gone to financial assets, reports CNBC's Robert Frank. The intent of the program was to help the overall economy.
Don't start your trading day without finding out what CNBC's Jim Cramer is watching ahead of the opening bell. Today Cramer is keeping an eye on Ford's outlook.