“The government is still hoping for two of the main people they’ve gone after, Mathew Martoma and Mike Steinberg, that they turn on Steve Cohen. The big thing that they want is for…these guys to get convicted, face a long prison term, and when they’re thinking of that prison term, they turn on Cohen…the rub here is that the Steinberg case is not going that well for the government. The government would concede that…it’s not the lay up they want. If you’re going to surmise anything from what I tell you, it’s that Steve Cohen is still a target. That’s not a surmise, he is a target.” [FBN]
here’s the rub
Also, Chaz thinks all of this has gone too far, and just because something “smells bad” doesn’t mean it’s illegal.