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November 20, 2012 | By Steve Dilbeck
Were you suspicious? Were you not just a tad nervous about hedge-fund billionaire Steven Cohen buying the Dodgers? There were certainly reasons to be, even after local extravagantly rich guy Patrick Soon-Shiong joined the Cohen bid. Some were disappointed Cohen was swept aside at the last minute by an aggressive $2.15-billion bid by the Guggenheim Baseball Group, a initially misnamed the “Magic Johnson-led group.” Cohen's hedge...
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ENTERTAINMENT
November 15, 2013 | By Chris Lee
There are weeks when popular culture functions as if unified by a single, invisible thread, powered ever forward by ego, ambition and staggering sums of cash. At other times, the culture seems to operate in a continuous feedback loop , trumpeting and repeating perceived glories ad infinitum. This past week was governed by a kind of glorious mirroring; call it the place where entertainmentdom's parallel lines appeared to meet. How else could you possibly explain a span of days heralding the announcement of not one but two separate movie productions based on the Greek demi-god Hercules ?
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ENTERTAINMENT
March 27, 2013 | By David Ng
Has billionaire hedge fund manager Steven Cohen purchased Picasso's "Le Rêve" from billionaire hotel and casino magnate Steve Wynn? A story in the New York Post this week reports that Cohen has bought the coveted painting for $155 million . If true, the sale would be one of the most expensive single art transactions in U.S. history. A spokesman for Cohen declined to comment on the matter. "Le Rêve" is the painting that Wynn famously damaged by accident in 2006 when he punctured the canvas with his elbow.
BUSINESS
July 25, 2013 | By Andrew Tangel
NEW YORK - Like nobody else, Steven A. Cohen conquered Wall Street. The boy from blue-collar Long Island built one of the era's most legendary investment firms, helping him amass a personal fortune of $9 billion. He lives a lavish life even by billionaire standards. His 35,000-square-foot Connecticut mansion has an ice skating rink with a Zamboni machine, and his other home in the Hamptons has an oceanfront view. Video: Indictment announced His vast art collection includes a $150-million Picasso.
SPORTS
March 14, 2012 | By Bill Shaikin
Tony La Russa could play a major role in revitalizing the Dodgers if Steven Cohen buys the team. La Russa met with Cohen last weekend in Arizona, according to two people familiar with the sale process but not authorized to comment. The two men discussed how La Russa might fit with the Dodgers, the people said, but no agreement was reached and La Russa has made no commitment. Cohen, the hedge-fund billionaire, has aligned with longtime agent Arn Tellem. If Cohen wins the Dodgers, he is expected to appoint Tellem as team president.
SPORTS
December 27, 2011 | By Bill Shaikin
Steven Cohen, a billionaire eight times over, is bidding for the Dodgers in a process tilted toward the high bidder. However, the East Coast hedge-fund executive is not content to let his wealth speak for itself. He has engaged one of America's notable sports architecture firms to propose renovations to Dodger Stadium, allied himself with one of baseball's power brokers, secured the support of at least two prominent Angelenos and met with several major league owners. He was joined in those meetings by Arn Tellem, an influential sports agent who could run the Dodgers if Cohen were to buy the team.
SPORTS
February 1, 2012 | By Bill Shaikin
Steven Cohen, the billionaire investor trying to buy the Dodgers, is on the verge of becoming a minority owner in his hometown New York Mets. The deal would not preclude Cohen from pursuing the Dodgers, according to two people familiar with the transaction but not authorized to discuss it. Cohen has cleared a Major League Baseball investigation, the people said, which could bode well for his chances in the Dodgers sweepstakes. The league is more stringent in investigating majority owners than minority owners, but for now MLB has not found any grounds to disqualify Cohen from ownership.
SPORTS
June 30, 2012 | By Phil Rogers
The Steinbrenners said the New York Yankees weren't for sale, but it appears that Steven Cohen wasn't listening. The guy who could have bought the San Diego Padres reportedly is keeping his powder dry because he thinks he can wind up owning the Yankees in a few years. … Shortstop Jed Lowrie has been a huge surprise for the Houston Astros but could be dealt within the National League Central. The Pittsburgh Pirates are a likely trading partner. … When 20-year-old Angels outfielder Mike Trout makes the All-Star team, he will be the 20th player selected before his 21st birthday.
SPORTS
May 12, 2012 | By Bill Shaikin
High price,poor product If you can't buy 'em, beat 'em. That could be the motto for Steven Cohen , the hedge-fund billionaire and runner-up in the bidding for the Dodgers. The San Diego Padres are up for sale, and Cohen is thought to be one of at least five potential buyers cleared by Major League Baseball to review the team's confidential financial data. Cohen already owns a small stake in his hometown New York Mets, but the majority owners of the Mets appear to have staved off the legal and financial distress that might have enabled Cohen to buy them out completely.
SPORTS
November 20, 2012 | By Dylan Hernandez
Right-handed pitchers Steven Ames and Matt Magill were promoted to the Dodgers' 40-man roster, making them ineligible to be selected by other teams in the Rule 5 draft next month. The Dodgers now have 38 players on their 40-man roster. Ames, a 24-year-old reliever, saved 18 games and posted a 1.54 earned-run average for double-A Chattanooga this year. He struck out 72 batters in 63 1/3 innings. Magill, 23, was 11-8 with a 3.75 ERA in 26 starts for Chattanooga. He struck out 168 batters in 146 1/3 innings.
ENTERTAINMENT
March 27, 2013 | By David Ng
Has billionaire hedge fund manager Steven Cohen purchased Picasso's "Le Rêve" from billionaire hotel and casino magnate Steve Wynn? A story in the New York Post this week reports that Cohen has bought the coveted painting for $155 million . If true, the sale would be one of the most expensive single art transactions in U.S. history. A spokesman for Cohen declined to comment on the matter. "Le Rêve" is the painting that Wynn famously damaged by accident in 2006 when he punctured the canvas with his elbow.
BUSINESS
November 21, 2012 | By Andrew Tangel and Walter Hamilton, Los Angeles Times
NEW YORK - After building a huge stake in two drug companies, hedge fund manager Mathew Martoma told his powerful boss on a Sunday morning that they had to immediately dump their position. It was an unusual request even by the outsized standards of Wall Street, but the hedge fund quietly liquidated its $700-million position within days. Federal authorities suggested Tuesday why Martoma was in such a hurry back in 2008 - he'd allegedly gotten an illegal tip about big problems with the companies' developmental Alzheimer's drug.
SPORTS
November 20, 2012 | By Dylan Hernandez
Right-handed pitchers Steven Ames and Matt Magill were promoted to the Dodgers' 40-man roster, making them ineligible to be selected by other teams in the Rule 5 draft next month. The Dodgers now have 38 players on their 40-man roster. Ames, a 24-year-old reliever, saved 18 games and posted a 1.54 earned-run average for double-A Chattanooga this year. He struck out 72 batters in 63 1/3 innings. Magill, 23, was 11-8 with a 3.75 ERA in 26 starts for Chattanooga. He struck out 168 batters in 146 1/3 innings.
SPORTS
November 20, 2012 | By Steve Dilbeck
Were you suspicious? Were you not just a tad nervous about hedge-fund billionaire Steven Cohen buying the Dodgers? There were certainly reasons to be, even after local extravagantly rich guy Patrick Soon-Shiong joined the Cohen bid. Some were disappointed Cohen was swept aside at the last minute by an aggressive $2.15-billion bid by the Guggenheim Baseball Group, a initially misnamed the “Magic Johnson-led group.” Cohen's hedge...
SPORTS
June 30, 2012 | By Phil Rogers
The Steinbrenners said the New York Yankees weren't for sale, but it appears that Steven Cohen wasn't listening. The guy who could have bought the San Diego Padres reportedly is keeping his powder dry because he thinks he can wind up owning the Yankees in a few years. … Shortstop Jed Lowrie has been a huge surprise for the Houston Astros but could be dealt within the National League Central. The Pittsburgh Pirates are a likely trading partner. … When 20-year-old Angels outfielder Mike Trout makes the All-Star team, he will be the 20th player selected before his 21st birthday.
SPORTS
May 12, 2012 | By Bill Shaikin
High price,poor product If you can't buy 'em, beat 'em. That could be the motto for Steven Cohen , the hedge-fund billionaire and runner-up in the bidding for the Dodgers. The San Diego Padres are up for sale, and Cohen is thought to be one of at least five potential buyers cleared by Major League Baseball to review the team's confidential financial data. Cohen already owns a small stake in his hometown New York Mets, but the majority owners of the Mets appear to have staved off the legal and financial distress that might have enabled Cohen to buy them out completely.
SPORTS
March 28, 2012 | By Steve Dilbeck
Is there such a thing as a nonalcoholic hangover? When you wake up and think, did that really happen last night? Oh, yes, it absolutely did. Magic Johnson's group did buy the Dodgers. And if  you feel like Snoopy with your little happy feet buzzing and keeping you a foot off the ground, that doesn't mean in the hard light of the next morning there are not plenty of unanswered questions. Here are 13, because I like odd numbers: 1) Is Jamie McCourt thinking maybe she didn't negotiate such a great deal after all?
SPORTS
March 27, 2012 | By Bill Shaikin
Major league owners are expected to approve the three remaining Dodgers bidders on Tuesday, enabling Frank McCourt to start an auction for the team on Wednesday. By the time the auction is over -- late Wednesday, perhaps, or later this week -- the Dodgers are expected to be sold for a record price for a North American sports franchise. The three finalists: --The partnership of Connecticut hedge-fund billionaire Steven Cohen and Los Angeles biotech billionaire Patrick Soon-Shiong, with a combined net worth estimated at $15.5 billion by Forbes.
SPORTS
March 28, 2012 | By Steve Dilbeck
Is there such a thing as a nonalcoholic hangover? When you wake up and think, did that really happen last night? Oh, yes, it absolutely did. Magic Johnson's group did buy the Dodgers. And if  you feel like Snoopy with your little happy feet buzzing and keeping you a foot off the ground, that doesn't mean in the hard light of the next morning there are not plenty of unanswered questions. Here are 13, because I like odd numbers: 1) Is Jamie McCourt thinking maybe she didn't negotiate such a great deal after all?
SPORTS
March 27, 2012 | By Bill Shaikin
Major league owners are expected to approve the three remaining Dodgers bidders on Tuesday, enabling Frank McCourt to start an auction for the team on Wednesday. By the time the auction is over -- late Wednesday, perhaps, or later this week -- the Dodgers are expected to be sold for a record price for a North American sports franchise. The three finalists: --The partnership of Connecticut hedge-fund billionaire Steven Cohen and Los Angeles biotech billionaire Patrick Soon-Shiong, with a combined net worth estimated at $15.5 billion by Forbes.
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