One of US richest finds himself on the NY hot seat
[Curt Coleman, New York AL, at Hilltop Park, NY (baseball)] (LOC) by The Library of Congress
License (according to Flickr): No known copyright restrictions
License (according to Flickr): No known copyright restrictions
NEW YORK – Steven A. Cohen may not be a household name, but he's made a name for himself. In finance, fine art and sports, he's had an extraordinary run of success and has amassed assets worth more than $8 billion. Lately, Cohen has been linked to what federal prosecutors in New York call history's most lucrative insider trading scheme, earning a quarter of a billion dollars. Cohen is not charged but authorities don't dispute characterizations of him as the "Hedge Fund Owner" repeatedly referenced in a criminal complaint against a former employee. The Securities and Exchange Commission has notified his firm, SAC Capital, that it is considering action. Cohen reportedly assured investors his firm played by the rules. A spokesman says SAC and Cohen are cooperating and confident they acted appropriately.
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Steven A. Cohen
Overall Sentiment: 0.13276
Relevance: 0.912745
| Sentiment | Quote |
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| 0.114011 | Cohen is not charged but authorities don't dispute characterizations of him as the "Hedge Fund Owner" ... |
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Disambiguation: Collector | CompanyFounderReferences:
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Additional Info:
Company: SAC Capital
Overall Sentiment: 0.423829
Relevance: 0.312486
Disambiguation: References:
City: NEW YORK
Overall Sentiment: 0.319385
Relevance: 0.334552
Disambiguation: PoliticalDistrict | GovernmentalJurisdiction | PlaceWithNeighborhoods | WineRegion | FilmScreeningVenueReferences:
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Steven A. Cohen may not be a household name, but he's made a name for himself.
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- Federal prosecutors
- hedge fund
- insider trading scheme
- New York
- Securities and Exchange Commission
- Sports
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One of US richest finds himself on the NY hot seat
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