Thursday, 18 December 2014
Last updated 24 min ago
Oct 22 2013 | 9:44am ET
SAC Capital Advisors founder Steven Cohen's tastes apparently run the gamut, from Picasso and Van Gogh all the way down to diners, drive-ins and dives, according to a new book.
Long before his current troubles with insider-trading charges, Cohen paid Food Network star Guy Fieri $100,000 "to be his friend for a day," Allen Salkin writes in From Scratch: Inside the Food Network. And on that day, Cohen and the spiky-haired California restaurateur drove around Connecticut in something like a fantasy episode of Fieri's "Diners, Drive-Ins and Dives."
Fieri was apparently impressed, and featured Super Duper Weenie, Cohen's favorite hot-dog stand, in a 2009 episode of the show. According to Salkin, Cohen and Fieri's friendship lasted beyond the payday.
A Cohen representative told the New York Post that, while the hedge fund manager and fast-food connoisseur do know each other, the story as told by Salkin "is false."
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.