“The U.S. is supposed to be a capitalist economy, and that’s breaking down before our eyes. There’s been a loss of financial discipline with the government bailing out depositors in full.” That’s Ken ...
Tag: Ken
Hedge fund legend Ken Griffin knocks US SVB depositor save
Hedge fund billionaire Ken Griffin was critical of how the U.S. government saved the depositors at Silicon Valley Bank (SVB), and thinks that is is a lesson in the moral hazard that exists in today’s ...
Hedge fund billionaire Ken Griffin says US should have let SVB die
Hedge fund boss Ken Griffin says the US government should have allowed Silicon Valley Bank to go under as a “lesson in moral hazard,” rather than stepping in with a rescue package, reports the Financi...
US Shouldn’t Have Bailed Out SVB Depositors, Say Investors Like Ken Griffin and Carson Block
(Bloomberg) — The US government’s emergency decision to backstop the financial system after the collapse of Silicon Valley Bank has earned praise from prominent names including Larry Summers and...
Ex-Trump Official Ken Cuccinelli Launches Pro-DeSantis PAC
Topline Former Trump Administration homeland security official Ken Cuccinelli launched a super PAC Thursday backing Florida Gov. Ron DeSantis for president in 2024, marking the latest one-time Trump a...
Billionaire Ken Griffin hit as Silvergate stock price plunges
It is tough being a crypto-focused bank. Silvergate (NYSE: SI) stock price plunged to a historic low as concerns about the bank continued. The shares ended the day at $13.5 on Wednesday and then crash...
Billionaire Ken Griffin Bets Big on These 2 High-Yield Dividend Stocks
While last year wasn’t a particularly good year for stock investors, at least one man closed it out with a smile. Ken Griffin, the billionaire founder of the Citadel hedge fund, didn’t just outperform...
Ken Griffin’s Citadel Securities Discloses 5.5% Stake in Crypto Bank Silvergate
A person familiar with Citadel Securities told CoinDesk that the filing is a result of the firm’s options market making activities rather than a directional investment or stake in Silvergate. Ci...
Billionaire Ken Fisher Snaps Up These 2 ‘Strong Buy’ Stocks
Ken Fisher Last year’s bearish trend has turned on a dime into 2023’s bull run, and the question now is, what next? One prominent name to wade in on the matter is billionaire Ken Fisher. With a histor...
Ken Griffin’s Citadel is short these FTSE 100 and FTSE 250 shares
Ken Griffin’s Citadel had a blockbuster in 2022 as its hedge fund made a whopping $16 billion. The Financial Times then described him as the King of Hedgies, as he beat the previous all-time record of...
Citadel’s $16 Billion Gain In 2022 Makes Ken Griffin’s Firm The Top-Earning Hedge Fund Ever
Ken Griffin’s hedge fund has outpaced all of his peers, helping his fortune double to an estimated $32 billion in the last two years. Aaron Kotowski/The Forbes Collection Ken Griffin is the new ...
Billionaire Ken Griffin Sues IRS Over Leak Exposing Taxes Paid By 25 Richest Americans
Topline Hedge fund billionaire Ken Griffin, who founded and helms trading powerhouse Citadel, has sued the Internal Revenue Service and Treasury Department for alleged negligence in maintaining safegu...
Billionaire Ken Fisher Loads Up on These 2 ‘Strong Buy’ Stocks
Investors looking for a guiding hand to steer them safely through the current hazardous stock market landscape could do worse than listen to what billionaire Ken Fisher has to say. The Fisher Investme...
Billionaire Ken Griffin Pours Money Into These 2 ‘Strong Buy’ Stocks
With a history of decades-long investing success, billionaire Ken Griffin knows a thing or two about market behavior. Recently, the Citadel Investment Group Founder and CEO offered some of his thought...
U.S. ‘would be lucky’ to get a mild recession, Ken Rogoff warns
Investors should pray for a mild recession from the Fed’s aggressive interest rate hikes, according to Harvard University professor of economics and author Ken Rogoff, because it could get much ...
Citadel’s Ken Griffin: Investors Leaving Bitcoin, NFTs and Meme Stocks Is Good for Economy
People moving on from the “speculative bubble” that is crypto, NFTs, and meme stocks is a positive sign for the U.S. economy, according to Wall Street heavyweight Ken Griffin. Miami-based trading fir...
KeyBanc analyst Ken Zenner says its time to invest in homebuilders
The rise of interest rates brought an increase in mortgage rates, progressively weakening the US housing sector. Google trends showed that consumers are worried about a real estate market crash in the...
Citadel CEO Ken Griffin Says Inflation May Have Peaked — Warns a Recession Is Coming – Economics Bitcoin News
Citadel CEO Ken Griffin says inflation may have peaked but a recession is coming. “We’re in a very uncertain time for investors,” the executive cautioned, adding that the Federal Reserve “is grappling...
Ken Zenner finally turns bullish on homebuilder stocks
“XHB” – the SPDR S&P Homebuilders ETF ended about 5.0% up on Wednesday even though the National Association of Realtors said pending home sales in the U.S. were down 2.0% last month. KeyBanc is no...
Ken Griffin says Fed has not done enough, must continue on its path to reset inflation expectations
Ken Griffin, Citadel at Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC Ken Griffin, Citadel’s founder and CEO, believes the Federal Reserve has more work to do to bring down inflation even ...
Texas AG Ken Paxton Fled Home To Escape Subpoena In Abortion Rights Case, Court Filing Shows
Topline Texas Attorney General Ken Paxton fled his home along with his wife Monday in an attempt to evade a subpoena in an abortion rights case that was set for hearing in a federal court on Tuesday, ...
Ken Burns’ Intense Examination Of ‘The U.S. And The Holocaust’ Shows Why What Transpired 80 Years Ago Is Incredibly Relevant Right Now
Members of the Messinger family aboard a ship in 1939, carrying nearly 1,000 Jewish refugees fleeing … [+] Nazi Germany/ The ship was denied entry into several countries, including the United St...
Whitewater Investigator Ken Starr Dead At 76
Topline Kenneth Starr, the Texas attorney in the Whitewater investigation that later led to the impeachment of President Bill Clinton, died Tuesday at 76, his family announced. Former Independent Coun...
Billionaire Ken Griffin Goes in on These 3 ‘Strong Buy’ Stocks
As fears of high inflation and the threat of recession become the talk of the town, investors are turning to Wall Street titans for guidance, namely Ken Griffin. Founding hedge fund Citadel in 1990, t...
Citadel CEO Ken Griffin Spills Beans on Why He Outbid ConstitutionDAO
Citadel CEO Ken Griffin opens up on what prompted him to outbid ConstitutionDAO last year to obtain a rare copy of the U.S. Constitution. The prized document marked a departure for Griffin, considerin...
Users in Web3 Will Do a lot More Than Just Trade Crypto: Cronos’ Ken Timsit (Interview)
In a recent interview with CryptoPotato during EthCC 5 in Paris, Ken Timsit, managing director of Cronos chain and Cronos Labs, outlined the network’s advantages over other competitors, spoke about th...
‘Jeopardy!’ locks in hosting deals for Mayim Bialik and Ken Jennings
Mayim Bialik attends Marvel Studios “Doctor Strange in the Multiverse of Madness” Premiere at El Capitan Theatre on May 02, 2022 in Los Angeles, California. Axelle | Bauer-Griffin | FilmMa...
Ken Moelis’ Investment Bank Creates Group to Focus on Blockchain Deals: Report
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Billionaire investor Ken Langone names ‘3 most powerful things in business’
Billionaire investor and philanthropist Ken Langone on Monday detailed three core business principles he’s believed in during his career, suggesting they’ve been instrumental in building s...