Over the past week, Cohen, long envied on Wall Street for
his years of double-digit returns, has absorbed a one-two punch as yet another
of his former managers was arrested on insider trading charges and U.S.
securities regulators warned they may file civil charges against his
20-year-old hedge fund firm.
For many managers, this kind of news would have been
personally devastating and might have prompted a retreat. But if anyone thought the 56-year-old
billionaire might use the heightened regulatory scrutiny as reason to retire
early…..
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