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Diamondback: We Are All Good

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Earlier today, Diamondback Capital was the second of god knows how many firms to be raided by the FBI as part of its Insider Trading Fest(ivus) 2010. The hedge fund had nothing to say about the matter at the time but they've just issues a statement letting every who was worried know that nothing is fucked.

"We received an inquiry this morning from the FBI. Diamondback is voluntarily cooperating. The firm is fully operational and we, along with our team, continue to manage the portfolio and Diamondback’s business for the benefit of our investors." (via Reuters)



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