Investors Seem To Be Sticking With Cohen
Another day, another report of an SAC-Steve Cohen probe. For any investors in the fund, this has to be very wearing. Especially for fiduciaries investing on behalf of others. So why are people hanging in there with Cohen?
Stephen Taub
June 1, 2011
Steven A. Cohen, founder and chief executive officer of SAC Capital Advisors LP, listens during the SkyBridge Alternatives (SALT) conference in Las Vegas, Nevada, U.S., on Wednesday, May 11, 2011. Cohen said last week's selloff in commodity markets makes this a good time to buy stock in energy companies. Photographer: Ronda Churchill/Bloomberg *** Local Caption *** Steven A. Cohen
Ronda Churchill/Bloomberg
