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Sometimes even Yellowstone National Park can feel like a prison.
Former SAC Capital Advisors portfolio manager Mathew Martoma is leaving on a family vacation Friday to Yellowstone — but instead of thinking about the great outdoors, he may not be able to take his mind off a federal prison.
In just three weeks he is scheduled to go on trial on insider trading charges.
He is the eighth SAC employee to face insider trading charges — and all seven before him have been found guilty.
Former colleague Michael Steinberg was found guilty on Wednesday and is likely to get a three- or four -year prison term, experts said.
Martoma, if found guilty, faces a sentence nearly three times as long because his alleged crimes earned SAC about $276 million — way more than the $1.9 million Steinberg’s crimes netted the hedge fund.
