From the Daily Beast: The government is trying to persuade former SAC employee
Mathew Martoma to turn against his ex-boss in a $267 million insider-trading
case involving an Alzheimer’s drug. So far Martoma is not playing ball—and both
men insist they are innocent.
If John Gotti was the Teflon Don, then in the off-the-record
view of the FBI and prosecutors, Steven Cohen is the Teflon Trader, where the
feds never have enough to charge him with anything even as underling after
underling at his hedge fund gets locked up for insider trading—five in all,
three of them pleading guilty, two others acknowledging complicity, none of
them implicating Cohen personally.
On his part, Cohen says he has never been charged simply
because he has committed no crimes. The government is convinced it merely has
never been able to catch him—until now, perhaps.
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