Cooperman: SEC Settlement Sought Roughly $8 Million

The transcript discusses a person's charitable donations, emphasizing principles over financial settlements. It addresses insider trading allegations, highlighting the importance of reputation and legacy. The speaker defends against these allegations, explaining their investment decisions and legal strategy. They stress the importance of principle, stating they have done nothing wrong and have competent legal counsel to support their case.

How much does the speaker claim to give to charity annually?

• $8 million

• $24 million

• $16 million

• $32 million

What is the speaker's stance on settling with the SEC?

• They think settling is only for those who have done wrong.

• They believe it's necessary to settle.

• They have already settled.

• They are indifferent about settling.

What evidence does the speaker provide to deny insider trading?

• Their son's hedge fund was short the stock.

• They have never worked in finance.

• They have no investments.

• They have a clean criminal record.

What does the speaker say about their legal counsel?

• They are new to the case.

• They are inexperienced.

• They have never handled such cases before.

• They are considered excellent in their field.

Why does the speaker question the rationale behind settling?

• Because they have done nothing wrong.

• Because they want to avoid legal fees.

• Because they want to retire.

• Because they are moving abroad.