Thursday, March 19, 2009

Citadel Departure Bomb

Things at Citadel going from worse to much worse. Hedge Fund Alert reporting that Peter Jenson, Citadel's controller is likely to leave Citadel in the next few days to become COO of Harbinger. As ZH disclosed previously, the split between Harbinger and Harbert has made many institutional investors nervous, and Falcone is seeking to reassure them by making several high profile hires. Now if only Harbinger could reassure its investors by making the stock of NYT, CPN, FMG, and NAV at least get back to the fund's cost basis. Sphere: Related Content
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