WSJ: SAC Expects Withdrawals of About $1 Billion

Jan. 11 (Bloomberg) -- SAC Capital Advisors has told employees and business partners that it expects investors to withdraw at least $1 billion from the firm amid the U.S. government’s insider-trading investigation, the Wall Street Journal reported, citing people briefed on the communications. Su Keenan reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)
China Said to Sell U.S. Treasuries This Month
45:33 - Bloomberg has learned that China has indeed been reducing its hoard of U.S. Treasuries, confirming intense speculation in the market. Bloomberg's David Ingles reports on "First Up." (Source: Bloomberg)
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