Detailed text transcripts for TV channel - MSNBC - 20130329:11:34:00
Hedge funds steve cohen the most senior at that firm who has been charged so far. now cohen has long been known as one the shrewdest investors ever and someone who lives large. still two of his recent blockbuster purchases are making headlines viewed as conspicuous consumption even by wall street standards. for almost two decades, steve cohen racked up returned of almost 30% a year for his investors and himself building an estimated $10 million fortune. the s.e.c. alleges that some of these profits came through improper inside information. to settle that case cohen's firm agreed to pay $116 mi...