“My husband is going to make it the best family office possible,” Alex told friends. “He’s doing as well as can be expected.” Alex, for one, saw a benefit in her husband’s difficult passage. It had taught him a valuable lesson. He was humbler and wiser, and realized how lucky he was, especially compared with some of his former employees. “He knows what’s important now,” she said. Steve Cohen had his freedom, his wife, his kids, his homes, a business—and $11 billion. It was something.