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SAC Capital Is Going To Be The Bigger Man And Admit Guilt For The Handful Of Lowlifes Who Had To Ruin Things For The Rest Of The Group

Sayeth SAC:

“We take responsibility for the handful of men who pleaded guilty and whose conduct gave rise to SAC’s liability. These wrongdoers do not represent the 3,000 honest men and women who have worked at the firm during the past 21 years. Even one person crossing the line into illegal behavior is too many and we greatly regret this conduct occurred.”

[Earlier, Related: Mr. Cohen…has also said he thinks it is unfair that he is paying nearly $2 billion in penalties out of his pocket for the crimes of what he believes are rogue employees.]

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13 Responses to “SAC Capital Is Going To Be The Bigger Man And Admit Guilt For The Handful Of Lowlifes Who Had To Ruin Things For The Rest Of The Group”

  1. guest says:

    This seems to be in the same family as: "I'm sorry you were offended."

  2. guest says:

    The non-apology is strong in this one.

  3. Guest says:

    SAC needs to hire Tommy Guffano. The guy is a wop genius.

  4. Guest says:

    That's JPMorgan's excuse!

  5. Guest says:

    Can't wait to see the Patagonia fleece perp walk.

  6. Guest says:

    The sisterhood is blameless: " handful of men who pleaded guilty."

  7. Guest says:

    SAC needs to merge with Blackberry to survive.

  8. ILoveLamp says:

    From this day to the ending of the ban on taking public funds,
    But we in it shall be remember'd;
    We few, we happy few, we band of brothers;
    For he to-day that stands and takes his lumps with Stevie
    Shall be his brother; be he ne'er so vile,
    Tho this day shall lighten his wallet:
    And all other inside-traders in Greenwich now a-bed
    Shall think themselves accursed they were not here,
    And hold their manhoods cheap whiles any speaks
    That fought Preet Bharar with us upon Saint Crispin's day.

  9. Turnip Truck says:

    No one remembers the legitimate traders.

  10. Corzine says:

    Fuck u Stevie

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