Wall Street’s Most Reviled Investors Worry About Their Fate

Short sellers — self-described financial detectives who make money when companies fail — were already worried about their success and safety. Then GameStop happened.

#enron-corp, #gamestop-corporation, #hedge-funds, #point72-asset-management-lp, #reddit-inc, #regulation-and-deregulation-of-industry, #securities-and-commodities-violations, #securities-and-exchange-commission, #short-selling, #social-media, #stocks-and-bonds

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Melvin Capital, Squeezed by Its Bets Against GameStop, Lost 53 Percent in January

A principal reason for the hit to Melvin Capital’s monthly performance were the massive losses the firm suffered when small investors bid up the stock of GameStop.

#citadel-investment-group, #cohen-steven-a, #gamestop-corporation, #hedge-funds, #point72-asset-management-lp, #stocks-and-bonds

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Gender Discrimination Complaint Against Steven Cohen Portrays Him in Different Light

The new Mets owner has portrayed himself as affable and accessible. A gender discrimination complaint filed by a former employee paints a far different picture.

#baseball, #cohen-steven-a, #discrimination, #new-york-mets, #point72-asset-management-lp

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As Steve Cohen Closes In on Mets, Discrimination Claims Cast a Shadow

As M.L.B. owners consider whether to approve Cohen as the new owner of the club, several complaints filed by women at his company loom as potential sticking points.

#baseball, #bonner-lauren, #cohen-steven-a, #discrimination, #hedge-funds, #major-league-baseball, #mergers-acquisitions-and-divestitures, #new-york-mets, #point72-asset-management-lp, #suits-and-litigation-civil, #women-and-girls

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Steven Cohen Agrees to Buy the Mets, Again

Cohen, a billionaire hedge fund mogul from Long Island, pulled out of a deal to buy the team in January but emerged victorious in a new bidding process this summer.

#appointments-and-executive-changes, #baseball, #cohen-steven-a, #katz-saul-b, #new-york-mets, #point72-asset-management-lp, #sny-network, #wilpon-fred, #wilpon-jeff

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