The Traderszone Network

Published in TZ Latest News 6 May, 2014 by The TZ Newswire Staff

Goldman Bails Out Steve Cohen (Again) With Art-Backed Loan

It seems Goldman Sachs is willing to do pretty much anything when it comes to maintaining SAC Capital (now Point72) Steve Cohen’s liquidity. On the heels of last year’s “stand by your man” moment in the midst of the insider-trading scandal, Goldman has kindly offered to provide Cohen another lifeline of liquidity – this time backed by his $1 billion art collection.

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