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Back to embattled hedge fund titans Steve Cohen what is he now telling friends as a deadline approaches for possible insider trading charges against his hedge fund and himself.
Charlie Gasparino has the very latest the latest chapter as we -- -- live music capital story -- your big -- state fan aren't you can't when -- The US ignores what was -- -- that she sang caiso -- All that I don't whatever -- it will be that's what Steve Cohen is telling everybody it's kind of.
-- just -- I'm talking to friends.
You know that we have a deadline approaching for possible insider trading charges against Steve -- or SEC capital.
Other deadline comes in July.
I asked I've been asking friends you know what is it like to -- Steve -- what is he saying was he telling you now as a deadline approaches we're obviously weeks away.
For some who's gonna happen either if nothing happens that's something if something happens that's something to that could be criminal charge against either him or the -- they're saying -- they give up fairly.
Philosophic approach one for one guy asked that I -- good friend of Steve's asked them so what do you think in Steve -- came back and said.
Case Iraqi didn't quite say case -- -- -- would ever want me I guess he translated what ever will be will be.
Is what he's basically telling his friends and what we do know.
Is that in these weeks and member after the SEC charges and they settled that they'd be fine Steve Collins started going to arch art art shows and you know he was out there buying arts and buying new home spending millions of dolls make a splash and in newspapers.
What we are seeing now is it from what I hear from friends is a very concerted effort to clamp it down to BBB at a site not to entice the Fed's.
And anyway so he's keeping a low profile.
And what I understand he's he's taking a much more philosophic approach -- this feature he obviously knows that.
It could range from anything for no charges too serious criminal charge anyway I'm that happy note.
Case are also highly respect you case -- also -- from mr.
known compass meant to some self I'm kidding.
-- -- -- Oh OK I guided hotel you're talking about so it's just a back up up up up.
Somebody will -- you -- -- Gasparino what they don't accomplishment this means -- you very -- currently see you next time close.
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