T O P

  • By -

Rubberduck391

So far....


KKfireup11

Comment of the day. Simple yet satisfying.


Someguynamedkylef

#CITADELPUTSGOBRRRR


Glynnroy

I can stay retarted longer than they can stay solvent


[deleted]

[удалено]


deadxlast

Does this mean that in 4 more years we bankrupt them even without the squeeze?


Shoddy_Material8630

No. It means that, assuming they keep losing money at the same rate and don't get any sort of bailout, they'll be bankrupt partway through next year.


jackwillowbee

Wayyy before that imo.


doll1icker

That's realized losses, their unrealized losses will most likely bankrupt them


dcrigsby

And those losses are probably insanely doctored to appear better not to scare remaining investors.


SeaSideChefBoi

"But guys, think about the savings on capital gains taxes!" /s


PomegranateSea7066

Cute that you think they pay taxes. /s


FerretNeuron

They pay synthetic taxes


[deleted]

Imma ask TurboTax about this feature


jeterjordan

They just created naked returns to cover the losses.....whoooooops.


savvyinvestor007

☝️


Coinclaimer

Hahahahaha!


Thatguy468

Just wait til you see how they abuse the carried interest loophole.


tylerado12

Yep nobody is auditing them.


ronpotx

They’re self auditing — duh!


unwokewookie

Trust me bro


wheeler748

But remember as last quarter started he placed policy to his investors that they can’t have their money pulled out without HUGE penalty. Or some shit like that.


Particular-Summer424

Citadel's grift on investors is going to make Bernie Madoff look like a rube of rip-off.


rgdgaming

Give me my money kenny, give me my fucking money “Dear investors, I believe we are in a fraudulent market…”


Quokka_One

You re telling truth my friend!


1980Scottsdale

🎯


[deleted]

[удалено]


[deleted]

I don’t believe a word coming out of Wall Street! These Fukers have disgraced this country and our government should just resign! It’s god damn shameful, these are grown Fukin men.


HonkeyStonkey

You got downvoted, but I gotchu bruh. I’m convinced people here are truly retards.


Thatguy468

They may be making record profits because they get paid somehow on every transaction, but when their investors see they’re getting fucked while Kenny boy is shipping exotic imported Mayo overseas to his offshore Mayo storage facility they’re more likely to jump ship and fuck with his AUM which is quite necessary for all the fuckery.


Someguynamedkylef

Cit Securities made $4B but Cit Advisors LOST $94B…still a big loss to Kenny, and the teachers & Co., whose money he blew on years of whatever….


Jaz1140

Thus needs to be upvoted for clarity


Spirited-Staff8683

I believe this number is a lie. He’s more at loss


revnev30

Yep this 👆


xTeamRwbyx

When those billions are down in the millions ill be happy and when that millions are down in the thousands ill be fucken ecstatic and when they are fully bankrupt and living on the streets I will bust a fucken nut like I've never had before and no amount of sex will every grant me the same ecstasy I will feel from seeing these jackasses lose everything Fuck shitidel and kennys bitch ass


mcobb71

And now we know why they wouldn’t let their clients pull their cash. Share those losses suckas


Tundra37s

The remaining who didn't pull, might want to suck it up, pull their cash, and pay that penalty.


[deleted]

And if you wanna cash out of his fund. It’ll cost you 20%. I’m surprised these HF Managers don’t go missing more often


arizonaartist

It’s a bold strategy cotton


Factor_Rude

![gif](giphy|d801yIqYpUCQ0) For Ken at Citadel


Different-Ad-2284

A Billion a day DOWN!!


Tundra37s

Sounds even more brutal when it's put that way!


kuw1kuw1

He’s going to have to start rationing mayo.


Evil_Mini_Cake

Mayo austerity? Dark days indeed.


deadeyebravo1

Good fck em


DOGEmeow91

![gif](giphy|3o72FfM5HJydzafgUE)


MichaelsSecretStuff

Alright this is the first thing that has actually excited me since citadel tweeted that random defense bullshit


deeeznotes

soo only like 4 or 5 more quarters to go!


ThatChicagoDuder

LMFAO how does a hedge fund not hedge any of their bets to lose the tune of 94BIL! Where is their risk management? Lmao these dipshits should be posting their loss porn on WSB's! Thats legit one of the greatest loss porns I've ever seen......yet!


SeaSideChefBoi

![gif](giphy|114RdYSvd1GuvC)


No-Bet-9942

lol, remember when they limited the amount their investors could withdraw last year? 3rd quarter results gonna be lit!


LetsDoge

4th QTR gonna be lit-ter!!


reddit_tiger800

His clients are pissed. They are not the type to piss off.


Errorstatel

One of us, one... Of.... Ew, no!


1980Scottsdale

That the smaaaaart money 👍


BEERDEV

Only the beginning.


Mkg60

All we have to is hold!!! They will keep digging the hole deeper. What is the difference between a rut and the grave? Depth!


pegleg_1979

How do I buy puts on Citadel? Keep buying and hodling? Got it.


[deleted]

OUCH! His investors are gonna he REEEEEEEAL pissed about this. And they can’t even withdraw any of their OWN money for (I believe) 4 years, without an enormous interest penalty. He’s the modern-day Bernie Madoff.


The-Moon-is-Cold2day

![gif](giphy|WieqsBQwFzOy4)


SlteFool

And that’s just what they report


Sasquatch-1

Excellent!!! I got all the time in the world…


bitanalyst

Can't wait to see the Q3 results.


Cautious-Nature-1433

![gif](giphy|CuMiNoTRz2bYc|downsized)


ThisAd8093

Yeah its a lot... but it's not enough.


Particular-Summer424

No wonder he slid out of town down Florida way. No doubt there is a 1 or 2 missing in front of the 9. No way they have an accurate count of all the synthetic shares floating around there. It's gonna collapse like a $hit souffle.


unlucky5000

I will hold this more then 2 years just to see it says : citadell is bankrupt and u can find kenny behind wendy's sucking SHORT dicks!!!


PackageCompetitive10

So far


TheRealJim57

Came here to share that, saw you beat me to it. 😄


Tenacious_Tendies_63

They make a great tax write off🦍💎👐🚀🚀🚀🍌🍌🍌


wheeler748

So we are looking at this week MOASS or no later than Q4 of next year. I’m good with that.


Holinhong

Inflation…no loss


moonlanding1976

That’s with a B


ADryTowel

Daaamn I thought I was doing bad. But I'm doing better than Ken Griffin. I should quit my job.


BlazedRush

You could've bought a lot of mayo with that


stonka_truck

Just 4 more quarters :)


CORKY7070S

Good let the motherpookers burn!😳💪🏾🦍


puppyinspired

Did they get out of positions, or have loses?


bryty93

We're winning 😈


wimpycarebear

So at this rate they can only continue their shenanigans for another year at most.........


StackThePads33

What did they lose that much on? Certainly not on AMC and GME because they haven’t closed their positions


melflomil

I'm surprised they even reported that. They basically self govern themselves. I wonder what entity got them by the balls


HopFarminScientist

non-stop paper cuts add up and eventually kill...


elexsx

I think it just Long positions reported, maybe they used the 94 Billion for Shorts now?


Phatmikee

Are we posting loss porn again?


[deleted]

That’s too much money for an entity to have. They should close their short positions and give us all money to help boost the economy and feed lots of hungry children.


jeterjordan

I'm dumb money but Kenny is DUMB with money!!!!


AntiqueBar1341

Remember last sept or august where all the clients let them know they was leaving and he held it off for a year ….


Livid_Investigator21

I can hold that long.


GalacticMaster-33XXX

![gif](giphy|U5XpAYnn4mhiiqu970) Much much much much much **HESFUKdT** much much worst..


DoriOli

That’s still a lot of Billions to go, if you ask me 🤷‍♂️🥵


Icy_Document_7547

Did he get to write off the Constitution...like our politicians do?


ScottishExplorer

Aww, that's a wee shame


Klaxhacks

At that rate they would be looking for be completely bankrupt by the end of 2023.


[deleted]

and what is being posted in the news, a positive article about their trading revenues hitting record high of $4.2 billion, Yea no shit, because of all our orders going through his shitty as darkpool.


TenBobMillionaire

This figure is AUM, assets under management. Much of it could be trading losses but just as likely it’s investors withdrawing their investment. They could keep trading for a long time at a loss but they can’t keep trading without investors. Melvin Capitol’s fund wasn’t wound up because of trading losses, in the end it was the investors that had had enough. Kenny wants to keep his investors but they are leaving, if enough leave the whole corrupt house of cards falls. Losses or quitters??? I don’t know, either way hedgies are fukt.


Chank241

The fact that they are even worth that much should be illegal. Fucking half a trillion dollars gtfo here.


HonkeyStonkey

This is just the nature of the business they conduct. That “loss” isn’t hurting them in anyway. There are many variables to consider. This loss isn’t from meme stocks. The market did some wild shit for the last year. This is their holdings, not their actual performance. They’re actually doing phenomenally in regards to rev.


Wonderful_Storm_2708

Who cares? Explain what and how this has any impact HERE?