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Cohen, the Mets, and Grassley
futureofcapitalism.com
The Wall Street Journal has what it says are details of "a tense meeting in Washington" on May 10 between representatives of SAC Capital Advisors LP and aides to Senator Grassley, who is investigating "suspicious trading" by Steven A. Cohen's hedge fund. The Journal cites anonymous sources "familiar with the meeting" in saying that the SAC representatives "suggested...that investigators should go easy on the firm and Mr. Cohen in their investigation...The people said that an SAC managing director, Michael C. Sullivan, a former staffer for ex-Sen. John Ensign, also cited Mr. Cohen's civic-minded interest in considering purchasing a stake in the New York Mets."
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Cohen, the Mets, and Grassley
futureofcapitalism.com
The Wall Street Journal has what it says are details of "a tense meeting in Washington" on May 10 between representatives of SAC Capital Advisors LP and aides to Senator Grassley, who is investigating "suspicious trading" by Steven A. Cohen's hedge fund. The Journal cites anonymous sources "familiar with the meeting" in saying that the SAC representatives "suggested...that investigators should go easy on the firm and Mr. Cohen in their investigation...The people said that an SAC managing director, Michael C. Sullivan, a former staffer for ex-Sen. John Ensign, also cited Mr. Cohen's civic-minded interest in considering purchasing a stake in the New York Mets."
Read More...
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Jenny Strasburg
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