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As if SAC Capital’s Stevie Cohen didn’t have enough problems, what with his firm’s name getting dragged into a larger FBI probe into insider trading at hedge funds.

Now, a lawsuit filed two years ago has resurfaced thanks to the release today of some of the details alleged by a former SAC employee who claimed his boss, Ping Jiang, forced his underling to dress in women’s underwear, grow his hair long and take female hormones — all in the name of generating profits.

Reuters, which obtained the documents and published them today, gives us a glimpse of life inside the Stamford, Conn.-based hedge fund — and needless to say, it certainly wasn’t pretty for employee Andrew Tong, whom we wrote about in October 2007.

Just a piece of advice: Proceed with caution. If the broader allegations from two years ago are still seared in your brain, as they are in ours ours, what’s in this correspondence will be even harder to forget.

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