Tuesday, 4 August 2015
Last updated 28 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."
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…