July 26th, 2016

Mr. Twister

Новости инвестирования

Levy@businessinsider.com -- Cohen's Point72 Asset Management is taking extra precautions to guard against wrongdoing after Cohen's predecessor hedge fund, SAC Capital Advisors, was shut down for insider trading. Vincent "Vinny" Tortorella, a cheery Italian-American and former federal prosecutor, is the man charged with the task, having taken over as head of Point72's compliance and surveillance unit in 2014.

"This can't ever happen again," Cohen told Tortorella when he hired him in 2014, Tortorella said. The effort hasn't come cheap.

Cohen gave Tortorella veto powers on any potential hire, and Tortorella has used it on potential staffers who would likely have made major money for Point72. The cost of running Tortorella's team, which has grown by about 50% in the last two years, also comes to tens of millions of dollars a year, Tortorella said.

Капитал, значит, аллокируется заведомо неправильно, пока бездельники из числа бывших федеральных прокуроров становятся миллионерами. В голове не укладывается такой дикий бред. Прямо хуже войны с наркотиками.