Tuesday, December 4, 2012

One of US richest finds himself on the NY hot seat




From WSJ: Whether it's making investments, collecting art or bidding for sports franchises, Steven A. Cohen has few rivals.  Cohen's hedge fund manages $14 billion in assets. His own net worth is more than $8 billion. He's bought Picassos, Monets and Pollocks. And he recently picked up a piece of the New York Mets.

But the good fortune of one of country's wealthiest men has come at a price: an epic legal battle with his ex-wife that offered an unwelcome look behind the scenes of his lavish lifestyle and, most recently, a brewing insider trading scandal capable of toppling his empire….

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