SAC Capital's Steinberg Indicted as Insider Probe Widens

SAC Capital Advisors LP fund manager Michael Steinberg was indicted by a federal grand jury on five counts of conspiracy and securities fraud as the U.S. government's wide-ranging probe of insider trading at the $15 billion firm got one step closer to founder Steven A. Cohen.

http://washpost.bloomberg.com/Story?docId=1376-MKFCP01A74E901-399L607SQ0NNRD5SCJASPHGJFM