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Steve Cohen's Love For Chris Christie Knows No Ironic, Hypocritical Bounds

Brothers don't shake hands, brothers gotta hug (/momentarily put their vast Wall Street ties aside to attack their brother from another mother's rival for having...Wall Street ties).
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During the darkest hours of the government investigation into Cohen's firm-- when he could scarcely get off the couch and back-to-back episodes of Diners, Drive-ins, and Dives couldn't even cheer him up-- Chris Christie called and delivered a pump up speech that got the hedge fund manager to put on a pair on a fresh shirt and have a li'l fun. So it probably shouldn't come as a complete shock that the big kahuna of hedge funds helped pay for an ad attacking a guy for his connections to Wall Street, on behalf of a guy whose g-string is stuffed with Wall Street cash (and whose wife, y'know, works in private equity).

One of Wall Street’s most controversial traders — a hedge fund kingpin whose firm paid a $1.8 billion fine three years ago after pleading guilty to violating insider-trading laws — is the main financier behind a pro-Chris Christie super-PAC attack ad deriding a GOP rival for his ties to Wall Street. The attack ad on Christie rival John Kasich, skewering the Ohio governor for once being a “Wall Street banker,” blanketed the airwaves in New Hampshire this morning. It’s part of a $6.9 million ad buy by America Leads, the main super-PAC backing Christie’s candidacy. “As a banker at Lehman Brothers — a Wall Street bank that failed — Kasich made millions while taxpayers were forced to bail out Wall Street,” the ad proclaims. “John Kasich. Washington insider. Wall Street banker.”

The Wall Street kingpin behind the attack on Kasich’s ties to Wall Street [Yahoo Politics]


Steve Cohen To Get His Jersey On Sunday

The hedge fund manager is throwing a li'l party for Chris Christie.