Levine on Wall Street: Cohen's Loyal Lieutenants

Steve Cohen was good at his business

Sheelah Kolhatkar has another fascinating SAC Capital article in Bloomberg Businessweek. I confess that I do not have the ... character? lack of character? ... to work in the insider trading business. Per Kolhatkar, Cohen's lieutenants "had hidden from Cohen where they were getting their information," presumably to avoid tainting him with their illegal knowledge; that's why they're going to jail and he's not. I would have done the opposite: "Boss, I got this from my buddy in investor relations at the company, that's okay right? You'd tell me if it were illegal right? Right?" But I never worked at SAC. Mathew Martoma did, and he's refused to cooperate with prosecutors against Cohen. I learned here that he once wrote an email to Cohen and others saying: