Letter: Marc Cohodes to Judge Jed Rakoff


PDF (5 Pages): 20210218-Cohodes Submission Against Petit

“Second, Mr. Cohodes has never engaged in naked short selling (that is, he trades through brokers who find shares for him to borrow and he pays high interest fees to maintain his short positions). He was never part of any concerted illegal campaign to target MiMedx; his actions were his own.”

Comment: The above statement by a lawyer is easily challenged in court with evidence. Mr. Cohodes appears to be panicking. This time around it will cost him 10X to 100X what he was forced to pay Patrick Byrne.  We have it all. The matter of compromised judges and DOJ and SCC as a RICO organization are also on the table. DTCC will not survive a Special Prosecutor.

Subject: Derek Stein

Subject of Interest

Derek Stein is a member of BlackRock’s Global Executive Committee. He is a Senior Managing Director and is Global Head of Technology & Operations. Stein’s service with the firm dates back to 2005, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. Before joining BGI, Stein was an executive vice president at Knight Capital. Prior to that, Stein spent 10 years with Merrill Lynch & Co. Earlier, he spent several years as a senior manager with Ernst and Young’s capital markets and banking management consulting practice. Before moving to the U.S. from South Africa, Stein managed a long/short equity fund and was a practicing Chartered Accountant. Stein earned a BA degree in computer science and an MS degree in finance, both from the University of Witwatersrand in South Africa.


Black Rock, Inc 

Subject: Laurence Stein

Subject of Interest

Laurence Stein is the Chief Administrative Officer of The Goldman Sachs Group, Inc. He is a member of the Management Committee, Client and Business Standards Committee and Enterprise Risk Committee. Prior to his current role, Stein was Global Head of the Operations Division. From 2009 to 2015, he served as Chief Operating Officer of the Securities Division. From 2005 to 2009, Mr. Stein was Chief Financial Officer for the Investment Banking Division and the Federation, and before that, served as Chief Financial Officer of the Securities Division. He joined Goldman Sachs in 1996 in the Finance Division, and was named Managing Director in 2003 and Partner in 2006. Prior to joining the firm, Mr. Stein worked in the Financial Services Group at Ernst & Young in New York and Deloitte & Touche in South Africa.


Goldman Sachs