Steve Cohen Pays Millions in Philanthropy, but a Billion in Legal Penalties

Hedge Fund billionaire Steve Cohen is a major philanthropist, distributing millions to hospitals, universities, museums, his daughters’ private schools, and the Robin Hood Foundation. Should his firm’s guilty plea to insider trading and his paying a $1.2 billion penalty make his charitable giving unacceptable?

Nonprofit Quarterly | Civic News. Empowering Nonprofits. Advancing Justice.
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