As Black Edge author Sheelah Kolhatkar looks at the financial universe, there is a noticeable disturbance in the force. While Wall Street was at one time a society built upon partner capital and a fundamental economic mission, a new ethos has arrived. In many respects, this is on display in the seemingly gaudy display of power being exhibited by Steven A. Cohen. The founder of now defunct SAC Capital currently runs free, opening up a new hedge fund after enduring a grueling insider trading scandal that put those under his employ in jail. Such problems don’t appear to bother Cohen,…
In Black Edge, Sheelah Kolhatkar Documents More Than Wall Street Crime
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.