“Steve is a very serious, very astute collector”: Carol Vogel, “Steven A. Cohen Was Buyer of Giacometti’s ‘Chariot,’ for $101 Million,” The New York Times, November 10, 2014.
moved on and started his own hedge fund: Saijel Kishan, “Ex-SAC’s Kumin Said to Gather $1 Billion for Hedge Fund Startup,” Bloomberg News, January 14, 2015.
“advisory board”: Juliet Chung and Jenny Strasburg, “Steven A. Cohen’s Point72 Asset Management to Create Advisory Board,” The Wall Street Journal, November 16, 2014.
Cohen’s “family office” was earning him hundreds of millions of dollars a year: Matthew Goldstein, “Profit at Point72, Cohen’s New Firm, Outshines Many a Hedge Fund’s,” The New York Times, January 5, 2015.
It is widely considered one of the artist’s greatest works: “Giacometti’s iconic L’Homme au doigt (Pointing Man),” Impressionist & Modern Art Auction Preview, Christie’s, April 16, 2015.
It was the most money anyone has ever paid for a sculpture at auction: Eileen Kinsella, “Billionaire Steve Cohen Goes on a $240 Million Giacometti Buying Spree,” Artnet News, June 8, 2015; Kelly Crow, “Steven A. Cohen Was Mystery Buyer of $141 Million Sculpture,” The Wall Street Journal, June 8, 2015.
the “Newman decision”: See On Petition for a Writ of Certiorari to the United States Court of Appeals for the Second Circuit, Brief for Todd Newman in Opposition, USA v. Todd Newman and Anthony Chiasson, No. 15-137, filed by Stephen Fishbein, John Nathanson, and Brian Calandra of Shearman & Sterling.
“Yesterday’s decision”: Interview with Richard Holwell, Bloomberg Television, December 11, 2014.
had their guilty pleas dismissed: In addition to those of Steinberg and Horvath, Bharara dismissed the guilty pleas of five other cooperating witnesses: Jesse Tortora, Spyridon Adondakis, Sandeep Goyal, Danny Kuo, and Hyung Lim. Matthew Goldstein, “U.S. Prosecutor to Drop Insider Trading Cases Against Seven,” The New York Times, October 22, 2015.
“This creates an obvious road map”: Gina Chon, “Preet Bharara Warns of Insider Trading ‘Bonanza,’ ” The Financial Times, October 5, 2015.
In his opinion granting: David Ganek v. David Leibowitz et al., 15-cv-1446, Memorandum and Order, 03/10/16
“People are going to be lining up out the doors”: Aruna Viswanatha and Juliet Chung, “Deal Ends SEC’s Pursuit of Steven Cohen,” The Wall Street Journal, January 8, 2016.
The general counsel for Point72: Simone Foxman and Tom Schoenberg, “Steve Cohen’s General Counsel is Part of Trump Transition Team,” Bloomberg News, November 14, 2016. See also Neil Vigdor, “Connecticut’s Former Top Prosecutor Off Trump Transition Team,” Connecticut Post, November 16, 2016.
ABOUT THE AUTHOR
SHEELAH KOLHATKAR is a staff writer at The New Yorker. Previously, she was a features editor and national correspondent at Bloomberg Businessweek, and her work has also appeared in The Atlantic, The New York Times, The New York Times Book Review, New York, Time, and other publications. She appears as a speaker and commentator on business, economics, Wall Street, regulation, financial crime, politics, Silicon Valley, income inequality, women’s issues, and other topics at conferences and on broadcast outlets including Bloomberg Television, CNBC, PBS, CBS, and NPR. Before becoming a journalist, she spent several years as a risk arbitrage analyst at two hedge funds in New York City, where she lives.
sheelahkolhatkar.com
@sheelahk
To inquire about booking Sheelah Kolhatkar for a speaking engagement, please contact the Penguin Random House Speakers Bureau at [email protected].
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