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janice shell

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Re: BullNBear52 post# 212923

Saturday, 05/27/2023 5:03:43 PM

Saturday, May 27, 2023 5:03:43 PM

Post# of 220813
SAC said the same thing and walked away by writing a small check to the SEC and taking his fund private then bought the Mets.

I wouldn't call a $1.8 billion fine a "small check". In November 2013, Cohen pled guilty in the criminal case, and agreed to pay that "small" fine. He made SAC Capital part of his family office, and then in early 2014, created Point 72 to house most of the SAC assets. Point 72 opened to outside investors in 2018.

https://en.wikipedia.org/wiki/Point72_Asset_Management#:~:text=Point72%20was%20founded%20in%202014,winding%20down%20of%20its%20operations.

So I'm not really seeing any similarities here...
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