Before The Mets, Steve Cohen Was The Hedge-Fund King (full documentary) | FRONTLINE

Inside the government’s crackdown on insider trading, drawing on exclusively-obtained video of hedge fund titan Steven A. Cohen, incriminating FBI wiretaps, and interviews with both Wall Street and Justice Department insiders. (Aired 2014)

In November 2013, hedge fund giant SAC Capital agreed to plead guilty to what prosecutors called “insider trading that was substantial, pervasive, and on a scale without precedent in the history of hedge funds.” “To Catch a Trader” goes inside the suspenseful and compelling story of this unprecedented government investigation, as correspondent Martin Smith traces how an insatiable search for trading “edge” ultimately doomed some of the most successful names on Wall Street.

#Documentary #ToCatchATrader

Funding for FRONTLINE is provided through the support of PBS viewers and by the Corporation for Public Broadcasting. Major funding for FRONTLINE is provided by the Ford Foundation. Additional funding is provided by the Abrams Foundation; the John D. and Catherine T. MacArthur Foundation; Park Foundation; and the FRONTLINE Journalism Fund with major support from Jon and Jo Ann Hagler on behalf of the Jon L. Hagler Foundation, and additional support from Koo and Patricia Yuen.

[tommykincaid]

Frontline is without a doubt the best in-depth journalism in media today. It's pretty refreshing.

[Willmakeit-]

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

[MarkLeonard-xnzs]

On the Dow Jones index, only seven stocks gained on Thursday. Apple (AAPL)and Microsoft(MSFT) rose, as did Visa (V)Microsoft and Visa are rebounding from their 10-week moving averages.Meanwhile, Tesla (TSLA) fell 5% on the stock market today. Shares are extending a downtrend. I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if there are any short term opportunities I can invest in.

[FelineAirstrip]

What's the best approach to capitalize on the current market conditions? I'm deliberating on whether to diversify my $200k stocks portfolio.what strategies should I employ?

[MatCendana]

Most people now take videos like this for granted. But a few decades ago, we who live outside the US don't have access to something like this. Definitely not on free TV.

Thankful for these PBS channels, with old school journalism where a lot of hard work went into the production of episodes.
--Petaling Jaya, Malaysia.

[shortbenjamin]

"the criminal negligence laws that cover some industries do not apply to finance." - I literally spat out water when I heard that

[zenglider]

"A man with a briefcase can steal more money than any man with a gun" Don Henley

[Raymondjohn]

To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?

[alexandrearquembourg]

That was great journalism. The fact that that Winnie woman got 4 years, but the trader asking her information is not in prison yet is beyond disgusting.

[xmen]

Steve Cohen made billions on inside trading and he’s considered a great investor. I’ll be a great investor too having all the info ahead of time.

[SophiaChristian-soof]

Don't get me wrong, I know the economy is in shambles and in order to break even and make profit, we have to ride it out until stock recovery, but how are some folks in the same stock market as me still able to pull off substantial profits of as much as 650K within months, what am I doing wrong?

[oneiljerry]

Market declines, soaring inflation, a significant increase in interest rates by the Fed, and rising Treasury yields all point to additional losses for portfolios this quarter. How can I profit from the present market turbulence? I'm still debating whether to sell my $125, 000 ETF/Growth Stock portfolio.

[traviscoates]

I have zero confidence in the SEC to ever come close to stopping insider trading

[letsrelaxwithtexts]

Pbs deep voice narrator is the best of all time... brings so much great memories

[robertneighbors]

When the Gov't indicted Steve Cohen, he contacted several law firms and had no less than 10 of the top lawyers show up in court. He was determined to show the US Govt that if they wanted to try to bring him down - - it was going to be the most expensive legal case they ever encountered. Instead, the Gov't choked out, they cowarded out, they settled for a huge chunk of his fortune instead of prison time. So, Steve Cohen walked. At least 2 of his underlings did prison time.

[wiebeplatt]

I lost a huge sum to META, i watch your videos but there is a lot I am yet to understand. How can one enlist services of an experienced trader/licensed advisor? I’m retiring in 6 months. I am stuck on deciding how to reinvest so I can prepare for retirement without losing due to inflation with a huge cash position.

[phpn]

Whether you vote Dems or GOP, none of this will change. There is no difference between insider trading and embezzlement ; yet these guys usually escape scot free. Wall Street owns US policy. And who owns Wall Street ?

[JohnAranita]

This is one of my very favorite PBS DVD documentaries.

[zoeytank]

I wonder if people that experienced the 2008 crash had it easier because this market conditions are driving me to insanity, my portfolio has lost over $18500 this Sept. alone my profits are tanking and I'm don't see my retirement turning out well when I can't even grow my stagnant reserv

[newlion]

They will never go after politicians for insider trading!!🤔