Report: Steven Cohen Buys $60M Hamptons Mansion While Facing Insider Trading Charges

Apparently Steven Cohen's Manhattan apartment wasn't a suitable home for Picasso's "Le Rêve." After dropping $155 million on the second most expensive painting of all time, the hedge fund manager has purchased an upscale East Hampton estate for $60 million and listed his Bloomberg Tower duplex for $115 million, The New York Times reports.