In my opinion this is a weird take in the Post
… insider trading in my view is a largely victimless crime (no one forces the other side of the trade to buy the stock) and Cohen, for all the noise around his activities, was never criminally charged at all.
Is this a PR piece disguised as a newspaper article? Let’s read more.
His old firm SAC Capital paid $1.8 billion in fines and settlements, pleaded guilty to insider trading and was shut down while he faced a two-year suspension from managing outside money on civil charges of failing to supervise people who did.
Meanwhile, of all the millions of trades done by his firm, insider trading alone could never have accounted for his amazing record returns for investors over the years, which is why he’s back in business.
What is going on here Post???? Read the entire thing, it’s like the bottom of end of Mets Twitter. It’s as if you could murder someone on Fifth Avenue as long as the Mets make the playoffs.
The author Charles Gasparino’s twitter bio mentions he frequently serves as a guest panelist on the Fox Business Network
