Now, people close to Cohen say he has quietly and methodically launched a multi-pronged effort to eventually make his full return to the hedge fund business, even if many legal experts say the odds are low that he will prevail. “I would say Steven Cohen’s chances are about as good as Michael Milken’s would be” for returning the securities business, said Columbia Law School professor John Coffee, referring to the tarnished junk bond pioneer. Still, Coffee added, “a lifetime ban allows you to reapply five years later for readmission,” meaning it’s not impossible. [FBN]
Steve Cohen Still Deciding If He'll Bury SEC HQ With T-Shirts Reading "Open For Biz, MFers" On 1/1/18
And if he'll get that soft American Apparel stuff or cheap out.