Is Jen Psaki's Brother a Portfolio Manager at Citadel?
AP Photo/Evan Vucci On Friday, a rumor shot around social media that Jen Psaki’s brother was a portfolio manager for Citadel. So we wanted to address the rumor with some facts. Now why that would be important, if true, was because Citadel’s name has been bandied about prominently in the GameStop story, because Citadel contributed money, along with Point72 to rescue the hedge fund Melvin Capital with a $2.75 billion investment after it took an almost 30% loss in the first three weeks of this year, mostly because of trying to short GameStop. But beyond that while Robinhood promises to “d...
Source: redstate.com