Cooperman: SEC Case Caused Firm to Lose $3 Billion

The transcript discusses the significant impact on a firm's professional growth due to financial damage, dropping from $7 billion to $4 billion under management. Despite this, individual investors remain supportive, while institutional investors like Goldman Sachs have withdrawn. The speaker emphasizes their commitment to delivering competitive returns and addressing legal challenges. They highlight the difference in reactions between institutional and individual investors and express confidence in a favorable legal outcome.

How did the speaker describe the impact of the damage on professional growth for partners and associates?

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What were the returns of the credit funds, equity funds, and do everything fund this year?

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What was the speaker's sentiment regarding the jury's decision?

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What was the initial amount of money under management before the SEC lawsuit?

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What challenges did the speaker face when meeting with Goldman Sachs after the retirement?

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