CDO specialists leave as hedge fund shuts down its broker-dealer

By Mike Peterson

A well regarded team of structured credit traders is understood to have left a broker-dealer in New York

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TAGS: High yield bonds People Leveraged loans

Comment by: Anonymous. Posted 12 years ago [2011-08-18 12:38:36]

Citadel thought they were sharks in the banking food chain, instead they realised they were just planktons....

Comment by: Anonymous. Posted 12 years ago [2011-08-17 12:03:15]

It always mak sense to what you know best.. Citadel was never a in a position to compete with the big boys of investment banking. Mr Ken Griffin should have re-read his favorite book "Good to Great" to discover that ..