Citadel forced to deny latest round of rumors

http://www.finalternatives.com/node/6026

 

I wonder how it feels to be on the other side of this bogus rumor fence. Do you thnk it will teach these crooks a lesson? Not!!!!

 

I dunno... aren't they by default 'short' bonds they've floated to raise money? If those bonds trade to a deep discount to initial price, citadel can buy them right up at a much cheaper price ... this all assuming of course they have no interest in using low cost levered money anymore.

(ok that makes no sense... but what does anymore in these markets?)

 

......to discuss how to handle the "expected" implosion of the firm. OMMFG!

 

A hedge fund going out of business? They should Give Ken "The Vulture" Griffin a call, I am sure he'll offer 10 cents on the dollar!!

Oh wait.. never mind

 

If he had to pay in Zimbabwe Dollars - sure, why not ?

 

Kind of ironic, isn't it?

 

Couldn't happen to a bigger asshole, trust me.