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Defense: Mathew Martoma But A Victim/Pawn/Grain of Sand/Innocent Young Man Cut Down In The Prime Of His Totally Legit Trading Career In Government’s Quest For Steve Cohen

Former SAC Capital Advisors LP fund manager Mathew Martoma was portrayed by his lawyer as the victim of a “rush to judgment” by prosecutors looking to use him to bring insider-trading charges against his former boss, Steven A. Cohen…“Mathew was just a grain of sand in their haste to make a case against someone who is not even in this courtroom: Mathew’s boss, Steven Cohen,” Richard Strassberg said in his closing argument yesterday in Manhattan federal court. [Bloomberg]

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11 Responses to “Defense: Mathew Martoma But A Victim/Pawn/Grain of Sand/Innocent Young Man Cut Down In The Prime Of His Totally Legit Trading Career In Government’s Quest For Steve Cohen”

  1. Quant me maybe... says:

    I say 5 years at at supermax prison for that tie.

  2. 40 yr old juror says:

    they feel like you know, bags of sand….

  3. HighFrequencyTrader says:

    So can we get a "call the sentence" post going?

  4. Bandersnatch says:

    Martoma's thoughts: A five year old with ADD could come up with a better defense …. I can't believe this guy charges $1,200 / hr …. I should have gone to law school … wait …. at least I'm not paying his legal bills …. I wonder if it's too late to play the race card … Madoff seems to be doing OK in prison … I wonder if I can access Matt's sentencing spreadsheet from court …

    • Lionel Hutz, Esq says:

      He should have picked me for representation. In previous litigation, I've bested 6 year olds with only mild ADD.

    • Not Matt Martoma says:

      "Maybe I can change my name again and apply to Johns Hopkins med school"

  5. Shazzy Goose says:

    He shall only eat boiled goose henceforth!

  6. Guest says:

    What? He's still a free man? Give it another day for the guilty verdict.

  7. steve says:

    My question is until last year, Congressmen and senators and their staff/family can do as much insider trading they want to. So hedge fund guys go to jail for 40 years, and the law makers can make millions out of all the sensitive information they got from all the hearings they conducted. What a country.