Okay, technically not *everyone* but A LOT.

Wesley Wang, a former analyst for SAC Capital Advisors LP’s Sigma Capital unit, gave federal agents the names of about 20 people he said had traded on illegal inside information, some of whom are uncharged targets of the government’s investigation, U.S. prosecutors said…From November 2008 until January 2009, the FBI tapped Wang’s phones, the prosecutors said. He later agreed to cooperate with the government’s insider-trading investigation, making recorded phone calls and meetings to gather incriminating evidence on people with whom he had exchanged inside information, according to the letter. “Wang’s information and consensually recorded telephone calls and meetings enabled the FBI to pursue various avenues in insider trading investigations, which yielded tremendous success,” Assistant U.S. Attorneys Christopher LaVigne and Jillian Berman said in the letter to U.S. District Judge Jed Rakoff in Manhattan. “The importance of Wang’s information in this regard cannot be overstated.”

And apparently there’s more where that came from!

“The full extent of Wang’s information and cooperation remains to be realized,” LaVigne and Berman said in the letter.

Ex-SAC Analyst Identified 20 Inside Traders, U.S. Says [Bloomberg]

24 comments (hidden to protect delicate sensibilities)
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Comments (24)

  1. Posted by Danker_Banker | January 8, 2013 at 6:13 PM

    Wang sang

  2. Posted by Al Czervik | January 8, 2013 at 6:22 PM

    I think this place is restricted Wang, so don't tell them you're jewish

  3. Posted by Guest | January 8, 2013 at 6:33 PM

    Never trust Wang

  4. Posted by guest | January 8, 2013 at 7:02 PM

    What a Dick.

  5. Posted by Guest | January 8, 2013 at 7:19 PM

    Wang is such a half sac.


  6. Posted by Fire Jon Shazar | January 8, 2013 at 7:31 PM

    Hey Cohen next time hire a Wang with some balls

  7. Posted by Wang Chung | January 8, 2013 at 8:04 PM

    Everybody have fun tonight!

  8. Posted by segoviacobain | January 8, 2013 at 9:25 PM

    Am I the only one in the crowd who believes that Stevie will soon be grabbing his ankles and gritting his teeth in some prison cell?

  9. Posted by pun-dit | January 8, 2013 at 10:32 PM

    Nobody escapes the long wang of the law

  10. Posted by Guest | January 9, 2013 at 12:52 AM

    For god's sake wang it's a parking lot

  11. Posted by Raycess | January 9, 2013 at 1:12 AM

    WANG!!!! Where is my automobile!!!!!!!

  12. Posted by Jack Burton | January 9, 2013 at 2:23 AM

    This is gonna take crackerjack timing, Wang.

  13. Posted by Bandersnatch | January 9, 2013 at 7:10 AM

    No one would be scared of the Dread Informer Wesley

  14. Posted by HFguy | January 9, 2013 at 7:24 AM

    3 & 50% sounds like a legit fee structure for this much trouble.

  15. Posted by Guest | January 9, 2013 at 7:28 AM

    Never pay a Wang to do a Chang's work.

  16. Posted by Guest | January 9, 2013 at 8:41 AM

    Yes, you are the only one

  17. Posted by Guest | January 9, 2013 at 9:21 AM

    Snitches? Someone better call a Wangbulance.

  18. Posted by Ping Jang | January 9, 2013 at 9:24 AM

    No no no….

  19. Posted by Apple Inc. | January 9, 2013 at 9:25 AM


  20. Posted by Long'un | January 9, 2013 at 9:29 AM

    Judge Jed Rackoff and Wes Wang..?

    only on Dealbreaker..

  21. Posted by Guest | January 9, 2013 at 9:59 AM

    Everybody Wang sung tonight!

  22. Posted by Guest | January 9, 2013 at 10:05 AM

    with their trusted Kemosahbe, Long Dong Silver. Sounds like one good, long SEC porn video that gets a regulator through the working day.

  23. Posted by yo levine | January 9, 2013 at 10:46 AM

    take everything levine says about SAC with a big heap of salt ……… he's looking to protect his fellow jew by ridiculing everyone who attacks it

  24. Posted by Bill | January 9, 2013 at 12:18 PM

    Ron Jeremy as Stevie?