Why Leon Cooperman Settled With the SEC

Billionaire hedge fund manager Leon Cooperman described his battle against the SEC as a fight for his legacy, saying he had refused settlement offers because he did nothing wrong. It turns out there was a price he was willing to pay to put an end to the agency’s insider-trading allegations: $4.9 million, along with no impact on his ability to keep running his hedge fund. Bloomberg's Matt Robinson has more on "Bloomberg Markets." (Source: Bloomberg)

Einhorn Amps Up the Pressure on Tesla and GM
39:42 - Hedge fund manager David Einhorn has two of the most frustrating trades in the market: a long position in General Motors Co. and a short against Tesla Inc. Bloomberg's David Welch has more on "Bloomberg Markets." (Source: Bloomberg)
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