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

Summary

The transcript discusses the rise and federal investigation of Steven A. Cohen and SAC Capital for insider trading, referencing SEC Rule 10b5-1 and the "Wild West" culture of early hedge funds at firms like Gruntal. The takeaway is the high stakes and ethical ambiguity surrounding aggressive trading strategies on Wall Street, where even founders may claim ignorance of regulations.