Ken Griffin’s Ties to News Corp Is a Big Problem
Ken Griffin is a well-known billionaire hedge fund manager and the founder of Citadel LLC, one of the largest and most successful hedge funds in the world. In recent years, Griffin has been involved in a conflict of interest with media conglomerate News…
These Hedge Funds Have Been Wiped Out in 2022
Which hedge funds have been underperforming in 2022? Hedge fund Tiger Global Management is down -54% for the year despite gaining 1.4% in November according to Bloomberg sources. Persons familiar with the matter say the firm’s long-only fund rose…
Biotech Company Suing Citadel Over Market Manipulation
Biotech company Northwest Biotherapeutics is suing Citadel and other market makers for allegedly manipulating its stock price. The company is accusing Citadel Securities LLC, Susquehanna, Virtu, and other Wall Street firms of driving its stock price down…
Retail Investors Petition to Fire SEC Chairman Gary Gensler
Retail investors have gotten together and started a petition to fire SEC Chairman Gary Gensler for obstruction of justice. The SEC Chairman is believed to be complicit to the market manipulation occurring in the day-to-day stock market. Gary Gensler…
Citadel Paid SEC $22.6 Million to Settle Charges of Misleading Conduct
In 2017, Citadel paid the SEC $22.6 million to settle charges that it misled customers about the way it priced trades. The SEC found that between 2007 and 2010, Citadel used two algorithms to execute stock trades on customers’ behalf that gave investors…
