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View Full Version : SAC Capital, Steven Cohen


lamboguy
10-09-2013, 11:47 AM
the SEC just handed this guy a $1.8 billion fine and penalty not prosecute him as a criminal, yet he is going to have to admit to wrong doing. that ain't chump change. his clients that made money with his extra-ordinary trading skills get to keep all their money.
if this guy can pay the $1.8 Billion, i wounder how much money he made for himself, and i also wounder how much he made for his very fortunate clients whom i hear are the upper echelon's of society.

HUSKER55
10-09-2013, 12:01 PM
it is not right but what can anyone do?

lamboguy
10-09-2013, 12:09 PM
it is not right but what can anyone do?there is a poor sucker in California just just got life under the 3 strikes program for stealing a slice of pizza. they put him away because he is a habitual criminal.

in this country, if you steal enough and hold on to your money, you don't do time.

drug company's, doctor's, insurance company's, banker's all get good shots at your cash, and hardly any of them go to the big house.

HUSKER55
10-09-2013, 01:02 PM
I hear you. A slice of pizza is over the top. [JMHO]