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Steven Cohen To Investors: Don’t Sweat The Feds

Forbes – How do you know when you’re filthy rich and untouchable? When you’re Steven Cohen and you’re telling investors not to worry about all the subpoena nonsense being brought by the Feds.

Cohen, head of $12 billion hedge fund SAC Capital Advisors, knows by now that federal prosecutors including Preet Bharara, the U.S. attorney in Manhattan, have it in for him and his firm. The hedge fund industry including SAC Capital has been hit with a steady stream of subpoenas since November as part of a larger insider trading investigation.

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