{"id":43356,"date":"2014-08-01T10:18:19","date_gmt":"2014-08-01T14:18:19","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=43356"},"modified":"2014-08-01T10:18:19","modified_gmt":"2014-08-01T14:18:19","slug":"profits-soaring-after-disgrace-at-cohens-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2014\/profits-soaring-after-disgrace-at-cohens-hedge-fund.html","title":{"rendered":"Profits Soaring After Disgrace at Cohen\u2019s Hedge Fund"},"content":{"rendered":"<p>NYTimes &#8211; Three months after his once-powerful hedge fund entered a guilty plea to insider trading charges, Steven A. Cohen is doing quite well.<\/p>\n<p>This summer, Mr. Cohen and his family rented a yacht off the Greek islands for a vacation. An avid art collector, Mr. Cohen attended Art Basel in Switzerland in June. And last weekend, he and his wife, Alexandra, were guests at a charitable event at the Hamptons home of the comedian Jerry Seinfeld and his wife, Jessica.<\/p>\n<p>Most of all, Mr. Cohen, 58, is continuing to do what he has done best for more than two decades: make an astounding amount of money from trading stocks and bonds.<\/p>\n<p>His renamed firm, Point72 Asset Management, which manages $9 billion to $10 billion of his personal fortune, is proving to be nearly as profitable as his former hedge fund.<\/p>\n<p><a href=\"http:\/\/dealbook.nytimes.com\/2014\/07\/29\/after-insider-trading-scandal-steven-a-cohens-firm-still-has-strong-gains\/?_php=true&#038;_type=blogs&#038;_r=0\">Read Complete Story<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NYTimes &#8211; Three months after his once-powerful hedge fund entered a guilty plea to insider trading charges, Steven A. Cohen is doing quite well. This summer, Mr. Cohen and his family rented a yacht off the Greek islands for a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-43356","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=43356"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43356\/revisions"}],"predecessor-version":[{"id":43357,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43356\/revisions\/43357"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=43356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=43356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=43356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}