FIRST AIRED: May 23, 2017

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00:00:00
where you go back and look she's long targeted wallstreet that cat but now she's got one of the most notorious in her crosshairs Massachusetts senator Elizabeth Warren going after billionaire Stephen Cohen who'd hedge fund escapee capital was taken down in an insider trading scandal in twenty twelve Warren firing off a letter to the securities and exchange commission Thursday demanding to know why it approved color and new investment firm after barring him from managing other people's money until twenty eighteen Warren calling the FCC decision quote a mockery of its core mission to protect investors and safety capital pled guilty to fraud and twenty thirteen and paid a one point eight billion dollar fine to the commission Cohen who is rumored to be the basis for the brash fund manager in the Showtime theory billion would not charged with a crime that he expected a ban on managing outside funds that extend for another two years but earlier this month the SEC rubber stamp his new firm tampered harbor capital which can speak to accept outside money in the future according to filings , rampart harbor responded with a statement saying Cohen will quote not supervise the activities of anyone acting on its behalf , which it claims allowed him to abide by his agreement with federal regulators