Definitely too much Griffin
Piling in on top of the eruptions earlier this month from Fortune and The New York Times—not to mention our own nickel on the new fund administration business, Citadel Solutions—the debut issue of Conde Nasty’s (Vogue, The New Yorker, etc etc) heavily hyped and aggressively capitalized Portfolio profiles: Citadel’s Ken Griffin. And his (insert several flattering superlatives here) wife, manager of a small, but doubtless perfectly-formed, hedge fund of her own.
Amongst the well-informed speculation: apparently, he’s considering an IPO. Really? Can hedge funds do that? Wow, this could be big. Amazing nobody ever brought this up before. What a scoop for the first issue. Scratch. Yawn. Belch.
Griffin, who didn’t play with either of his two most recent serenaders, apparently submitted to a none-too-thrusting interview for this 3,000-word ball of fluff piece. Breaking news? Right at the end, hints of political ambition. Or not. “Reluctant to address his own senatorial ambitions,” is the verdict.
As am I. NakedShorts is now taking a well-earned self-imposed six-month (at least) Citadel sabbatical.
You know, if one person, just one person does it they may think he's really sick...and if two people, two people do it, in harmony, they may think they're both faggots...And if three people do it, three, can you imagine, three people...They may think it's an organization...And can you, can you imagine fifty people a day, I said fifty people a day walking in singing ‘That’s enough Ken Griffin’ and walking out. They may think it’s a movement. (Thanks to Arlo Guthrie for the help with this bit).
Opening up the Citadel [No it doesn’t. Ed]
by Sheelah Kolhatkar
Portfolio May 2007 (Tug o’ the forelock to Paul Kedrosky.)
Any stories on the stockmarket... like why it just keep rising/levitating/davidcopperfielding UP depsite all the bad news that keeps coming out.
If we were in any other decade, the subprime, the econ news, etc, would have knocked this puppy savagely down.
Funny how the old laws don't apply.
Posted by: Bob | April 16, 2007 at 12:22