Citadel, a Wall Street market maker and hedge fund, took a $600 million loan prior to the recent financial events and later required a $1.15 billion bailout from Sequoia Capital and Paradigm. This was the first time the firm had to seek outside investment. Despite this, Citadel has been releasing statements in the media about their business success. As a news website, InvestorTurf warns the public to exercise caution when considering investments in hedge funds like Citadel. Our analysis suggests that the institution may be in trouble and is continuously misleading its investors and the public. We believe that there are similarities between Citadel's actions and those of Bernie Madoff.
@BillAckman Privatize profits and socialize losses. Amazing how much government involvement you want when it comes to losing capital. But financial regulations? Naw - the banks can regulate themselves...just look at how good of a job they're doing. 🤡
@HesterPeirce
I don't think there is a more corrupt official in "public service". Not that what you do could even be called that with it being so crooked. You clearly have it out for retail in exchange for lining your own pockets with bribe money and kick backs. Despicable.
@GaryGensler. "Committed to investor protection, fair markets & capital formation."
Could you be more hypocritical?! You couldn't care less about investors or fair markets. You should be ashamed of yourself and what you represent. You are the reason these don't exist. #Coward
@davenewworld_2 The fact @billmaher didn't know the COVID crash occured shows exactly how out of touch these people are with reality, and the current economic crisis occurring. Take a look at the chart, pal.🙄🤦🏻♂️