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Archive for February 4th, 2021

NEWS PROGRAMS The company s vaccine has shown to be 85% effective against severe forms of the disease. Patients will only need to receive one shot instead of two, as with other vaccines already in use in the U.S. Five months after most of the farming town of Malden, Wash., was destroyed, President Biden has approved a stalled federal aid package. The Republican legislature repealed Democratic Gov. Tony Evers state of emergency declaration Thursday, saying he had overreached his authority. Evers countered and issued another order. Ken Griffin s investment firm Citadel became embedded in the in GameStop trading controversy. Citadel has a hand in nearly every corner of the financial system.

Audio: Ken Griffin: The Hedge Fund Titan In The Middle Of The Reddit Investing Revolt

The stock market madness that began with GameStop last week is subsiding. Leaving plenty of noise, confusion, and finger-pointing in its wake. The situation has become a sort of Rorschach test for whatever ideology you might view it with. And in those ink blots, many people are seeing one man emerge: Ken Griffin, founder and CEO of the investment firm Citadel, LLC. After founding Citadel in 1990, Griffin has built the firm into one of the biggest financial players in the country, with more than $30 billion in capital, and a hand in nearly every corner of the financial system. To start with, Citadel runs a hedge fund. And the online frenzy in the past two weeks has turned the ire of the vehemently online against all hedge funds meme-ing them into a generic enemy.

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