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Post# of 138978
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Prudent Capitalist

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Prudent Capitalist

Re: joseytheoutlawwales post# 101484

Wednesday, 06/29/2022 10:53:27 AM

Wednesday, June 29, 2022 10:53:27 AM

Post# of 138978
It doesn't appear that Ken Griffin and Citadel have any current exposure to AMC, and the notion that the taxpayers would have to bail out Mr. Griffin or Citadel is laughable. They appear to be flush with cash and just invested huge sums of money in Bank of America (BAC), Broadcom (AVGO), Western Digital (WDC), and Home Depot (HD).

https://www.nasdaq.com/articles/4-stocks-ken-griffin-bought-hand-over-fist-as-the-nasdaq-plunged

I don’t think that Kenny will take much damage from this. He’s had more than enough time to find insulation from the powers that be.

If he takes a hit, likely taxpayers will end up having to pay for his bailout.
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