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Steven Cohen

The High-Stakes Insider Trading Trial of Mathew Martoma

Margaret McLean | Posted 03.12.2014 | Crime
Margaret McLean

District Court Judge Paul Gardephe is presiding over what the government has called "the most lucrative insider trading scheme ever charged." As the prosecution launches its case-in-chief, the following is what to expect at trial.

SAC Fund Manager Guilty Of Insider Trading Charges

AP | By LARRY NEUMEISTER | Posted 02.17.2014 | Business

NEW YORK (AP) — A portfolio manager for one of the nation's largest hedge funds accused by the government of cheating to boost sagging results in 20...

Hedge Fund To Pay Record Settlement

AP | By LARRY NEUMEISTER and MARCY GORDON | Posted 01.23.2014 | Business

NEW YORK (AP) — A federal prosecutor says the federal government has effectively shut down a hedge fund giant with a deal requiring it to plead guil...

Record Insider Trading Settlement Nears

Reuters | Posted 01.23.2014 | Business

Nov 4 (Reuters) - SAC Capital Advisors, Steven A. Cohen's multibillion-dollar hedge fund, and U.S. prosecutors are expected to announce on Monday a ...

Report: Hedge Fund Facing $1 Billion Penalty

Reuters | Posted 10.17.2013 | Business

NEW YORK, Oct 17 (Reuters) - Steven A. Cohen's SAC Capital Advisors and U.S. prosecutors have agreed in principle on a penalty of at least $1 billion ...

Artist Arrested For Revealing Performance Beneath Eiffel Tower

Posted 09.12.2013 | Arts

It was 9:30 a.m. on a Tuesday when performance artist Steven Cohen arrived at the Eiffel Tower. Dressed like a bird in a garter, tights and long red g...

Disgraced Hedge Fund CEO Throws A Party Despite Indictment

Reuters | Posted 09.27.2013 | Business

By Matthew Goldstein July 28 (Reuters) - Hedge fund billionaire Steven A. Cohen did not let the filing of criminal cha...

Disgraced Hedge Fund Pleads Not Guilty To Damning Charges

Reuters | Posted 09.25.2013 | Business

* Voluminous evidence includes court-authorized wiretaps * Sept 24 next court date By Bernard Vaughan NEW...

Report: SAC Capital To Face Federal Criminal Charges

Reuters | Sakthi Prasad and Matthew Goldstein | Posted 07.24.2013 | Business

(Reuters) - Federal prosecutors are preparing to announce criminal charges as early as this week against Steven A. Cohen's hedge fund SAC Capital Advi...

Mark Gongloff

Billionaire Hedge Fund Manager May Avoid Jail

HuffingtonPost.com | Mark Gongloff | Posted 07.19.2013 | Business

We may be on our way to not getting any criminal charges in yet another high-profile Wall Street case. The Securities and Exchange Commission on Fr...

How to Avoid a Charmed Life

Michael Sigman | Posted 06.05.2013 | Comedy
Michael Sigman

If you think you have it all and only blue skies await, you may want to consider these warning signs of impending discharmament.

After Insider Trading Payout, Billionaire Spends $155M On Single Painting

The Huffington Post | Katherine Brooks | Posted 03.26.2013 | Arts

It did not take long for Steven Cohen, the billionaire behind SAC Capital, to get over his $600 million payout to the Securities and Exchange Commissi...

America's Top 10 Greediest People of 2012

Sam Pizzigati | Posted 03.10.2013 | Business
Sam Pizzigati

Year in and year out, these greedy grab ungodly rewards for their own labor -- and deny their employees anything close to decent compensation for theirs.

4 Signs The Feds Latest Super-Rich Target Has Way Too Much Money

The Huffington Post | Mark Gongloff | Posted 11.29.2012 | Business

Huge news on Wall Street: One of its brightest hedge fund stars, SAC Capital, founded by the secretive, ludicrously wealthy Steven A. Cohen, has been ...

Ben Hallman

Doctors Who Advise Wall Street Investors Operate In Ethical Grey Zone

HuffingtonPost.com | Ben Hallman | Posted 11.27.2012 | Business

Once upon a time on Wall Street, the enterprising trader looking for a nugget of inside information about a public company worked the phones, develope...

More 'We Built It' Insanity

The Huffington Post | Emily Peck | Posted 08.30.2012 | Small Business

Yes, you built it, but the U.S. government helped. On Wednesday, yet another small business owner trotted out at the Republican National Convention...

Richest Man In LA Finally Lays Down His Dodgers Bid

The Huffington Post | Kathleen Miles | Posted 03.19.2012 | Los Angeles

Despite his close friendship with bidder Magic Johnson, Patrick Soon-Shiong has joined hedge-fund billionaire Steven Cohen's bid for the team, the Los...

Senator Investigates Suspicious Trading By Hedge Fund SAC Capital

AP | By PAUL WISEMAN | Posted 07.22.2011 | Business

-- Republican Sen. Charles Grassley is investigating about 20 instances of suspicious trading by the hedge fund SAC Capital, a spokesman for the sena...

Wealthy New York Conservatives Bankrolling Push For Gay Marriage

New York Times | NICHOLAS CONFESSORE and MICHAEL BARBAR | Posted 07.14.2011 | New York

As gay rights advocates intensify their campaign to legalize same-sex marriage in New York, the bulk of their money is coming from an unexpected sourc...

Senator Urges 'Suspicious Trading' Probe Of Major Hedge Fund

nytimes.com | PETER LATTMAN and ANDREW ROSS SORKIN | Posted 07.07.2011 | Business

Federal prosecutors are examining trades made in an account run by Mr. Cohen at SAC Capital Advisors, his hedge fund in Stamford, Conn., that manages ...

William Alden

Insider Trading Accusations Describe Network Of Hedge Fund Corruption

HuffingtonPost.com | William Alden | Posted 05.25.2011 | Business

In the latest charges to be brought against Wall Street financiers, Federal authorities depict insider trading in dramatic detail. Two hedge fund man...

Why J Street Attacked Sarah Palin But Not Fellow Leftists and Democrats Who Abuse the Language of Jewish Suffering

Alan Dershowitz | Posted 05.25.2011 | Politics
Alan Dershowitz

It's too easy for J Street to pile on when the alleged abuser is a conservative Republican. It's far more difficult, and costly, for J Street to go after fellow leftists who abuse language, especially those with large followings among its supporters.

$12 Billion Hedge Fund Has Its Own Unofficial Golf Pro

Posted 05.25.2011 | Business

NEW YORK (By Matthew Goldstein) - Sam Evans may not have the most powerful or lucrative position in the hedge fund world. But his job at SAC Capital ...

The Federal Government Attacks Creative Local Green Energy Finance

Steven Cohen | Posted 05.25.2011 | Green
Steven Cohen

The federal housing agencies' attack on an energy and money-saving program, Property Assessed Clean Energy (PACE), demonstrates an obtuse hostility toward green energy initiatives.

Steven Cohen Sued: Stevie Cohen Accused Of Fraud By Ex-Wife Patricia Cohen

AP | Posted 05.25.2011 | New York

NEW YORK — The ex-wife of one of America's richest men has sued the billionaire in New York for racketeering, saying he hid millions of dollars ...