Lifestyle

Book Says Cohen Paid $100K For Personal 'Diners, Drive-Ins and Dives' Tour

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."


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of