Sunday, January 31, 2016

Hedge Fund Manager Steven Cohen Gives $2 Million to Chris Christie Super PAC

Billionaire Steven Cohen, whose former hedge fund became embroiled in a federal insider trading investigation three years ago, donated another $2 million late last year to boost New Jersey Gov. Chris Christie's presidential campaign, new filings show, according to USA Today.

The $2 million contribution from Cohen and wife, Alexandra, to a pro-Christie super PAC accounted for nearly 40% of the $5.1 million America Leads raised during the last half of 2015.

The new contributions, made in December, brought to $4 million the amount the couple has donated to America Leads.

Several other prominent political and business figures wrote checks to the pro-Christie super PAC, year-end reports show, They include Hewlett Packard CEO Meg Whitman, $100,000; former U.S. Senate candidate and professional wrestling magnate Linda McMahon, $250,000; and billionaire investment banker Herb Allen, $50,000.

Cohen has spent much more on art than politicians. In 2012, he purechased Picasso's Le Reve  from Steve Wynn for $150 million.

$150 million purchase.

$4 million purchase.


  1. if politicians had more self-respect they would hold out for much more

  2. Geez, if he just wanted to throw his money away he could have written me a check.