S16E07: You Never Give Me Your Money | Hedge Fund King Steve Cohen
Trashy Divorces
Hemlock Creatives
4.5 • 2.2K Ratings
🗓️ 26 October 2022
⏱️ 34 minutes
🧾️ Download transcript
Summary
There's some real truth to the maxim "Mo' money, mo' problems," and perhaps no former couple knows that better than hedge fund giant Steve A. Cohen and his first wife, Patricia. She was skeptical of his financial disclosures when they divorced at the end of the 1980s, but it was her 2009 lawsuit alleging racketeering and insider trading at his SAC Capital that seemed to kick federal regulators into high gear.
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Transcript
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| 0:00.0 | Hey, everybody, welcome to trashy divorces. Thank you for joining us today on another ride of marital misadventure on the good podcast about bad relationships. I'm Alicia. |
| 0:11.5 | My name is Stacey, and we are glad to have you back or have you here for the first time, whichever. |
| 0:15.9 | That's exactly right. Before we jump into your story, Stacey, I want to remind everybody once again our live show a week away, a week in a day. |
| 0:24.3 | Thursday, November 3rd. We're going to be broadcasting right here from Trashy Divorces, headquarters, also into your living room or kitchen or bedroom or bathroom or wherever you are to see us. |
| 0:35.6 | It's really your business. Yeah, your business where you watch it from. You can still get tickets for that. It's going to be a whole special, a little bit different than a regular Trashy Divorces episode. Stacey, where can everybody get their tickets? You can get your tickets at moment.c.co slash trashy divorces, and I'll have a link in the show notes below. Fantastic. |
| 0:55.6 | So Stacey, we're pulling one out of the musical catalog of the Beatles this week. |
| 1:00.0 | You never give me your money. |
| 1:01.7 | You've got maybe a lesser known story, but whoa, so trashy. |
| 1:05.6 | Yeah, this is a figure who is very well known in a lot of circles, just not the kind we travel in. This is |
| 1:13.4 | hedge fund king Steve Cohen, who was married in the 80s, and that wrapped up. And this couple then |
| 1:22.0 | spent the next quarter century in various forms of combat and litigation with each other. So happy times. |
| 1:29.8 | You never give me your money. It's trashy. Go, go, go. |
| 1:43.5 | Alicia, in the run of this show, we have talked about plenty of divorces that have dragged on for ages. |
| 1:50.2 | Sometimes it's because one or both spouses aren't really sure they're ready to end things. |
| 1:54.5 | Think of the on-again, off-again breakup of St. Jennifer Garner and ex-husband Ben Affleck. |
| 2:01.2 | Sure, sure. |
| 2:02.4 | It seems like they spent a few years at the end, knowing that things were not working, |
| 2:06.0 | trying to get back on a good footing, and inevitably running up against their problems all over again. |
| 2:11.9 | Some people stretch things out to try to gain leverage through infliction of emotional or financial pain on the, they're now opponent. We've seen that a few times too. I would say, yeah, Harry and Linda McLo back from probably season one or two. Oh, sure. Like, they probably did that to each other after their six decades of apparently loathing each other for the most part. All that dirty, trashy art. |
| 2:34.8 | Oh, yeah. Oh, yeah. |
| 2:36.6 | The former couple I've got for you today remained locked in a post-marital conflict, |
| 2:41.4 | interpersonal, as well as legal, for about a quarter of a century, because as near as I can |
... |
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