Rumors Fed Visiting Large U.S. Hedge Fund
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There are some rumors going around this morning that Fed officials were visiting a large U.S. hedge fund. Quickly eveyone pointed the finger at Ken Griffin's Citadel. Dealbreaker.com is reporting that a Citadel spokesperson is denying the chatter.
Recent reports have suggested that Citadel has seen losses of 26%-30% this year, with losses on convertible bonds likely the biggest contributing factor.
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