Skybridge Likely to Withdraw Money from SAC Capital [REPORT]

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Skybridge Likely to Withdraw Money from SAC Capital [REPORT]
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FOX Business Network’s (FBN) Senior Correspondent Charlie Gasparino reports that SkyBridge Capital co-founder Anthony Scaramucci “expects his clients to tell him that he should take his money out” of SAC Capital. Gasparino went on to say, that Scaramucci has already “removed most of his money” from the firm.

Skybridge Likely to Withdraw Money from SAC Capital [REPORT]

On whether SkyBridge Capital co-founder Anthony Scaramucci will pull out all his money out of SAC Capital:

“What he is telling people – it’s his investor’s decision… his clients will direct him whether or not he should keep his money in SAC Capital. What he is telling people is that he expects his clients to tell him that he should take his money out. That would be a fairly significant blow to SAC Capital.”

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On how much money Anthony Scaramucci still has in SAC Capital:

“How much money does he have in the firm. I don’t know, but I do know this, he has removed most of his money.”

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