Fairfax attorney Michael Bove discussing SEC investigation of Steve Cohen

[eggbriar]

http://www.bloomberg.com/video/sac-capital-s-steve-cohen-is-in-the-hot-seat-ZROlgyuHRuSa7tApbNoggA.html

[Tommm50]

It's really discouraging to see a guy like Cohen who clearly is the poster boy for the criminal activity on Wall St that brought the world to the brink of financial ruin (and walked away with billions themselves) still seems bullet proof. How is it possible that his deposition in the Fairfax suit (which is Clintonesque in it's discussion of insider trading) caused the judge to dismiss SAC from the lawsuit?

[Parsad]

That's a million...no, billion dollar question!  Maybe Fairfax should have freelanced and hired Preet Brahara to run the suit!  ;D  At least Prem will probably win in ethical and moral terms, but it would have been nice to bankrupt "Con-hen" and his ilk.  Cheers!