Why is Steven A, Cohen’s SAC such a tempting target for prosecutors? Yes, Cohen is well known and successful; so are other fund managers. The difference is that we have a pretty good idea of roughly what other successful fund...
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Photographer: Scott Eells/Bloomberg
Steven "Steve" Cohen, chairman and chief executive officer of SAC Captial Advisors LP
What Makes Steve Cohen’s Stock Picks So Special?
Photographer: Andrew Harrer/Bloomberg
Senator Carl Levin at the Senate Permanent Subcommittee on Investigations hearing on the JPMorgan Chase & Co. "whale trades."
‘It’s Becoming Idiotic,’ the Senate’s Riveting Story of the London Whale
The U.S. Senate report on JPMorgan's $6.2 billion loss makes it clear that Bruno Iksil, aka the London Whale, wasn't just anxious about his position long before it became public. Despondent and terrified is more like it.
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Photographer: Jonathan Ernst/Bloomberg
JPMorgan Chase CEO Jamie Dimon at Senate hearings prompted by the bank's trading loss.
From the Belly of JPMorgan, a Closer View of the Whale Trade
In JPMorgan's report , a more nuanced picture of traders emerges than the usual idea of cowboys taking crazy risks. It shows a trader very worried about his position, and pushed deeper in by superiors.
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Photographer: Alessia Pierdomenico/Bloomberg
Goldman's clients may not have an easy time proving they were sheep led to slaughter.
In the Abacus Lawsuit, Will Goldman Ultimately Prevail?
ACA today added hedge fund John Paulson & Co. to the lawsuit ACA filed earlier against Goldman Sachs over the famous Abacus deal. With Goldman no longer quite as publicly vilified, don't assume that ACA's case a slam dunk.
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