A week ago, the Wall Street Journal ran a big story about major hedge fund managers jumping to the GOP from Barack Obama. One of the big jumpers is Steve Cohen.

Business Insider notes

Cohen … has “previously been a big Democratic supporter, regularly giving the maximum allowable to Democratic legislators in his home state of Connecticut,” and spent $500,000 on Democrats in 2008.

But last year Cohen decided to “direct contributions to GOP campaign coffers and to pro-Republican groups that could raise and spend unlimited amounts.” He gave Republican Governors Association alone $1.5 million.

And Cohen was doing more than just giving cash; he also gave time. Remember that GOP mid-term strategy meeting he hosted last year?

The Wall Street Journal is now reporting federal prosecutors have suddenly decided to examine “trades made in an account overseen by hedge-fund titan Steven Cohen that were suggested by two of his former fund managers who have pleaded guilty to insider trading.”


Bowe Bergdahl Should Be Put to Death

I’m sure it is just a coincidence in timing.