reading all the comment, it is as if citadel is not too big to fail..or that you are death sick of moral hazard feeding volatility..and then panic.
Who the hell exactly decides whether a company is "too big to fail" or not? Now the moral hazard is spreading from wall street to main street, we will shortly see the Microsofts and the Walmarts of this nation lining up for the free handouts.
It's funny how big shot internet traders with their $20K accounts take a perverse pleasure in seeing hedge fund titans take a beating. Trying to get out of billion dollar positions is a little different than trading in and out of your 100 share lots. What a joke...
The question is, you big idiot, why the fuck didn't these hedge funds that were ran by the most astute minds sell their positions sooner? Even the biggest dumbass knew the market was about to tank!