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Bracing for redemptions & layoffs

Mon 12 Aug 13 | 01:29 PM ET
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Bracing for redemptions & layoffs

Mon 12 Aug 13 | 01:29 PM ET
SAC Capital is reportedly preparing for layoffs as the hedge fund braces for a new wave of redemptions ahead of Friday's deadline. CNBC's Ron Insana and Kate Kelly, provide perspective.
 
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