How to win: Steve Cohen on markets and the Mets

Discussion in 'Wall St. News' started by SunTrader, Jun 20, 2025.

  1. Every organised Criminal knows to insulate themselves from the responsibility for criminal acts done within their Organisations. They create Fall Guys, giving them plausible deny ability. It's standard operating procedure.
     
    #11     Jun 22, 2025
  2. This Documentary makes it sound like Cohen's whole career was based on Insider Trading

     
    #12     Jun 22, 2025
  3. gwb-trading

    gwb-trading

    The entire firm was indicted and plead guilty. As noted in the court documents nearly every trade exercised by SAC involved insider information.
     
    #13     Jun 22, 2025
  4. SunTrader

    SunTrader

    Can you please provide a link to that specifically? Thanks.
     
    #14     Jun 22, 2025
  5. gwb-trading

    gwb-trading

    Watch the video. Read the links with it.
     
    #15     Jun 22, 2025
  6. SunTrader

    SunTrader

    So no you don't have a link that specifically provides court documents that nearly every trade exercised by SAC involved insider information. Thought so.

    And I don't need to watch the video - I am a regular viewer of PBS programming including Frontline and seen it when first run and second time as well.
     
    #16     Jun 22, 2025
  7. TommyD557

    TommyD557

    Quit being a complete F***N idiot.
     
    #17     Jun 22, 2025
  8. gwb-trading

    gwb-trading

    That is the summary outlined in the video. You can easily find the court documents, media coverage of the trial and other information outlining that SAC primarily existed and thrived solely on insider trading.

    Let's read the summary once again - "In November 2013, hedge fund giant SAC Capital agreed to plead guilty to what prosecutors called “insider trading that was substantial, pervasive, and on a scale without precedent in the history of hedge funds.”"
     
    #18     Jun 22, 2025
  9. gwb-trading

    gwb-trading

    Are you incapable of watching the video and reading the associated documents.
     
    #19     Jun 22, 2025
  10. RedDuke

    RedDuke

    He made billions via insider trading and let his minions to take a fall. Case closed. Make 10 billion, then pay 1 billion in fines. Not too bad :D
     
    #20     Jun 22, 2025
    SimpleMeLike likes this.