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Hedge Fund Billionaire Who Took A $200 Meg Taxpayer Bailout Inward 2008, Is Mad Immature People Prefer Crypto To Stocks...

"I nonetheless scratch my head" virtually bitcoin says Citadel's Ken Griffin, he too thence went on to explicate how disappointed he is that immature investors are turning to cryptocurrency, instead of the traditional markets he i time helped crash.

Griffin founded Citadel inwards 1990. The investor has a internet worth of $9 billion according to Forbes too his hedge fund straight off manages to a greater extent than than $30 billion inwards assets.

But why are nosotros fifty-fifty call for for opinions from a CEO who basically had to panhandle taxpayers to salve him from his ain blunders? According to Business Insider:

"Ken Griffin's Citadel Investment grouping too Paloma Partner's were securities lending counterparties of AIG's. They lent securities to AIG, which it too thence lent out to others to travel shorted....

Citadel too Paloma Securities received $200 meg of taxpayer dollars each...."


You don't instruct to play dumb inwards 2008 too and thence facial expression your opinions to thing to us 2018.
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Author: Oliver Redding
Seattle News Desk


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