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Market Currents

Saturday, December 13, 2008
3:17 PM TweetThis
  • Citadel is the latest firm to halt withdrawals after investors request $1.2B from its two biggest funds - on the heels of a 49.5% loss YTD.
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This news story has 2 comments:

  •  
    It's astonishing that long short funds could be down so much. Why not just buy an S&P 500 index fund if that how leading hedge funds perform?
    2008 Dec 13 05:21 PM | Link | Reply
  •  
    i am surprised that a firm can legally halt withdrawals. isn't it equal to robbery? they might as well default right away.
    2008 Dec 14 02:02 AM | Link | Reply
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