Ken Griffin Spent $54 Million to Fight a Tax Increase on The Rich
Citadel’s Ken Griffin spent $54 million to fight a tax increase on the rich that would raise the rate from 5% to 8% according to ProPublica. This increase would have cost $51 million every year in extra tax. In especially good years — in 2018,…
Chicago Tribune Says Citadel Securities’ Dark Pool Targets Small Investors
The Chicago Tribune just published a piece explaining exactly what retail investors have been warning the SEC about. Citadel Securities’ dark pool dominates a big part of the financial world, accounting for as much as half of U.S. stock market…
Citadel Pushes Back on Possible SEC PFOF Ban
The SEC is addressing the possibility of banning PFOF (payment for order flow). Citadel and other institutions are speaking out. Gary Gensler said there may be a conflict of interest for brokers and that too much power is concentrated in a handful of…
BREAKING: Citadel Under Investigation by Department of Justice
Bloomberg just confirmed Citadel is one of the hedge funds under investigation by the Department of Justice. Regulators are taking Morgan Stanely and several other hedge funds to court after several subpoenas were sent out earlier this year.…
Wall Street Journal is Indirectly Owned by Citadel’s Ken Griffin
Wall Street Journal just published a piece on the AMC community where the conflict of interest is only so obvious. They refer to the community as a mob and disrespect AMC’s CEO Adam Aron by saying apes made the CEO “play by their…
