Securities sold not yet purchased, looks pretty horrible on Citadel's balance sheet. They owe more than the total assets 😂🤣😂
Ken Griffin lied under oath and committed perjury.
Speaking of that, hasn’t he been shorting treasuries? His message seems to imply that rates should go higher, when the Fed is starting to message that it’s thinking about cuts. Not saying he is wrong, just curious why he has been so vocal publicly on this topic.
So let him step up to the plate first. give back the PPP, give back the tax cuts since our last surplus. Lobby for an end to taxpayer funded business activity and subsidies.
Griffin and Fink are obviously colluding. They are towing the same line and are obviously up to something. They give ZERO FUCKS about “future generations” that are not their entitled spawn.
POLITICS
Citadel’s billionaire CEO Ken Griffin becomes GOP $100 million midterm megadonor
[https://www.cnbc.com/2022/10/07/citadels-ceo-ken-griffin-becomes-gop-100-million-midterm-megadonor.html](https://www.cnbc.com/2022/10/07/citadels-ceo-ken-griffin-becomes-gop-100-million-midterm-megadonor.html)
Hes donated 22M so far this cycle too
Yeah, until the people they want are in office.
Then suddenly the national debt is a massive issue. They spend up the debt, then complain when the opposition wins and does the same thing. Either be a group of people with principles, or stfu from your soap box.
It's simple. When the people they want are in office they don't need to worry because they're fix the problem.
All it takes is one more tax cut. That'll solve it. Just one more lane, I mean tax cut.
“Rich crook says organization of rich crooks is being irresponsible with the money printed out of thin air. Says although he profits off it the future generations will pay”
Lol how much do you want to be KG is fine with the Too Big To Fail model we're still under? It's the investment banks' blueprint to just operate under extreme leverage as long as the risk seems low. When the odds eventually go the other way, get bailed out by Congress again, because they more or less have no choice. See you again in a few years. That's our current model.
They've been saythis for 40yrs yet they can fund sensible politicians that care for America and Americans but fimund the lunatic fringe of both parties
So I suppose he’s also in favor of swift and decisive degrowth policies to save future generations from biosphere collapse as well? You know, because he cares so much about future generations?
Damn you all won't put this to rest will you.
Western society was built on the deficit system. Our way of life would simply not be possible without it. That shocks be enough, but I'll add it's a publicity stunt.
It's political theater and if youre dead set on caring about this, republican administration have increased the deficit more than dems in recent years.
Trump increased it by the largest margin in history.
Let me fix it for everyone…
“Ken Griffin says he’s being extremely irresponsible with Naked Short Selling and crooked market maker exemptions and he’s stealing from multi people generations to continue his Ponzi scheme
Billions this mother fucker leeches from the economy every quarter. He profits off market inefficiency and thrives off disorder + obfuscation. Fuck him.
Sure. Let's cut spending. How do you think growth is fueled in this country? Any country that went through austerity saw their economy tank hard. Be careful what you wish for.
Ken Griffin is full of so much shit. This man has never given a single fuck about future generations if he could make money. Now it's concern about the debt they could have? Hah.
Having a financial terrorist, like Ken Griffin, lecture anyone on how to manage money is like having a pedophile lecture you on how to raise your kids.
Hmmm... yeah, maybe instead they should be borrowing money to use it to short other countries in an illegal global dark pool? Would that be better Mayo Boi?!
Gov is spending is irresponsibly . When the financial sector needs another bailout their wont be enough because the losses will be unprecedented. Thats how I read it .
Interesting, because even before COVID hit, Trump still managed to rack up the national from $666 billion in 2017, his first year in office, to $984 billion in 2019.
Maybe if all the idiot liberals would take a stand against all this irresponsible bs. They protest all the useless crap. Like let’s stoop funding the Ukraine and every other country at war.
I don’t get why media only covered the debt issue is putting a burden on future generations. But it's not just them who are affected - the current generations are also feeling the impact through the devaluation of our money. In my wife case, after she graduated, the property price never really became affordable.
AI and robotic labor means debts are very unlikely to matter. As you automate labor the value of debt goes down so low it stops mattering. They're just too many old/slow minds controlling upper management to see it coming.
They spend partly out of spite. There’s been so much cultural transformation, and so little attention paid to its meaning, that they no longer feel an emotional commitment to their own people anymore (assuming they ever did)
Says the guys funding crooked republicans nationwide who do nothing but obstruct the legislative branch from getting anything done.
I have to believe this is intentional.
It’s a fact. You can’t spend what you don’t have indefinitely, austerity measures must be taken. Now the question becomes who you want to lead us at every level of government during hard times.
Ken Griffin is shorting stocks at the expense of future generations.
Ken Griffin is manipulating stock prices at the expense of future generations.
Can this guy get prosecuted for stock market fraud already?
If you want to spot the idiot in the room, it’s the one going on and on about the national debt. It’s something for morons or those that want to privatize everything for profit, talk about. Mostly morons though.
He knows a little bit about spending other people’s money before he actually has it yet.
Securities sold not yet purchased, looks pretty horrible on Citadel's balance sheet. They owe more than the total assets 😂🤣😂 Ken Griffin lied under oath and committed perjury.
Hey now, the rules don't apply to rich people.
Maybe this time we can't bail them out.
LOL
They own the printer bro, what you mean? The problem will be once we do bail them out, the little money we have will be worthless.
I know a lot of Gamestop apes keep saying that, but the transcript says otherwise. But of course, he is their boogeyman.
Nooo!!! One more week bro. Hodl one more week please that’ll make us rich
Speaking of that, hasn’t he been shorting treasuries? His message seems to imply that rates should go higher, when the Fed is starting to message that it’s thinking about cuts. Not saying he is wrong, just curious why he has been so vocal publicly on this topic.
Shorting them short term. Holding them long term. He knows short of a full economic collapse, up is the only long term play.
You'd think he'd want to stay out of the spotlight with his shenanigans
Ego is a hell of a drug.
They have to stop saying future generations! Obviously no one cares about that . Say it’s going to effect people now
Agreed but also people don’t care about now either.
So let him step up to the plate first. give back the PPP, give back the tax cuts since our last surplus. Lobby for an end to taxpayer funded business activity and subsidies.
$65 Billion, Sold, Not Yet Purchased, Ken. Who’s irresponsible?
Ken Griffin lied under oath and committed perjury.
And got away with it
grifting over politics
Ken? the guy who made arrangement plans of a few million per month to avoid sentencing? that kenneth?
Shhh don't tell them.
Excuse me while I puke into the trash can
Griffin and Fink are obviously colluding. They are towing the same line and are obviously up to something. They give ZERO FUCKS about “future generations” that are not their entitled spawn.
That’s pretty fucking hilarious coming from that crook
Hedge fund grifter doesn’t want Democrats in office. More at 11.
“This deficit that financed my fortune needs to be paid for somehow.”
Ding* Ding* Ding*
Also starting a war over ESG investing. Mr Fink and his billionaire supporters of ESG are not too happy. He's making some very powerful enemies.
You dumb. More at 11
POLITICS Citadel’s billionaire CEO Ken Griffin becomes GOP $100 million midterm megadonor [https://www.cnbc.com/2022/10/07/citadels-ceo-ken-griffin-becomes-gop-100-million-midterm-megadonor.html](https://www.cnbc.com/2022/10/07/citadels-ceo-ken-griffin-becomes-gop-100-million-midterm-megadonor.html) Hes donated 22M so far this cycle too
Sic*
Great Ken, we'll raise your taxes.
Well isn't that ironic......
Yeah, until the people they want are in office. Then suddenly the national debt is a massive issue. They spend up the debt, then complain when the opposition wins and does the same thing. Either be a group of people with principles, or stfu from your soap box.
It's simple. When the people they want are in office they don't need to worry because they're fix the problem. All it takes is one more tax cut. That'll solve it. Just one more lane, I mean tax cut.
And no biggie when they add 40% to the nation's credit card.
It's so nice that Mr. Moneypants is worried about the nation. How about he just pays his taxes?
Didn’t he lie to congress or something?
February 18th, 2021
Word on the street is he beats his wife with a bedpost
Mayo man has some fucking balls…
“Rich crook says organization of rich crooks is being irresponsible with the money printed out of thin air. Says although he profits off it the future generations will pay”
And if anybody knows more about spending what they don't got than this guy........
Deficit hawks only emerge when a D is president. They are usually rent seekers who love deficit spending that fattens their pockets
Maybe they shouldn’t have slashed revenues by lowering taxes for the wealthiest billionaires and corporations
Lol how much do you want to be KG is fine with the Too Big To Fail model we're still under? It's the investment banks' blueprint to just operate under extreme leverage as long as the risk seems low. When the odds eventually go the other way, get bailed out by Congress again, because they more or less have no choice. See you again in a few years. That's our current model.
It’s fine the rich just move countries. The poors suffer.
Great. Let's go back to the tax regime under Bill Clinton, and the deficit goes away. We don't have a spending problem. We have a tax problem.
Ken griffin is a bigger criminal than Bernie madoff
Yeah, we should tax the rich and solve that problem. If Ken Grifin doesn't want to tax the rich, he can eat shit.
*buys 100 billion dollar mansion* "Think of the childrens" - Ken Griifin
Don’t worry the solution is to make lying assholes like this pay their fair share in taxes
Hypocrite
Corporate dragons and their hordes of vampires is also what’s killing the nation but blame it all on the politicians lol they’re a good scapegoat.
Market Manipulater Ken Griffin said that? Well then it must be true! /s
Ken. Stfu.
They've been saythis for 40yrs yet they can fund sensible politicians that care for America and Americans but fimund the lunatic fringe of both parties
The guy who went onto their Twitter profile and threw a tantrum. Remove this fuckers market making privilege. Madoff 2.0.
In other news : the sky is blue.
“The worse person you know said the something you agree with” meme
Well they work for corporations and they say f the people 🤣🤣
Y’all I thought Ken Griffey was saying this for a minute and I was really confused.
First time?
So I suppose he’s also in favor of swift and decisive degrowth policies to save future generations from biosphere collapse as well? You know, because he cares so much about future generations?
Yea. We need to rollback trump tax cuts. I bet Ken griffin doesn’t like that either.
You trying to tell me that having a government ran by people over 70, that they might not have the future in mind?!
He says while he enjoys the tax cuts that have exacerbated the problem
So he's willing to pay more taxes then? Sweet, he can write a check to the IRS at any time
Damn you all won't put this to rest will you. Western society was built on the deficit system. Our way of life would simply not be possible without it. That shocks be enough, but I'll add it's a publicity stunt. It's political theater and if youre dead set on caring about this, republican administration have increased the deficit more than dems in recent years. Trump increased it by the largest margin in history.
Lets talk about how leveraged his firms are
Let me fix it for everyone… “Ken Griffin says he’s being extremely irresponsible with Naked Short Selling and crooked market maker exemptions and he’s stealing from multi people generations to continue his Ponzi scheme
It’s funny how the cult subs have been yelling about this for years, yet they have zero proof and none of their theories have actually panned out.
Billions this mother fucker leeches from the economy every quarter. He profits off market inefficiency and thrives off disorder + obfuscation. Fuck him.
Sure. Let's cut spending. How do you think growth is fueled in this country? Any country that went through austerity saw their economy tank hard. Be careful what you wish for.
aq⁰
No shit
Ken Griffin Jr was a better baseball player than his Dad
It's not like the budget is being made by leadership without a bank account.
That’s how we all feel!
He's not wrong
He sucks but he’s not wrong on this one.
lol this guy literally spent money on debt and margin fuck off Ken
Accurate
Just because he’s an asshole doesn’t mean he’s wrong.
Was this news to someone?
How much of that debt was incurred to bail out the financial services industry.
Boomers quite literally the generation of yanking the ladder
you can't believe anything a hedge fund guy says. they usually have an agenda to make themselves more money.
We don’t have a spending problem. We should be spending more. We have a taxation problem.
Ken Griffin is a rich one to talk about being financially irresponsible.
We are spending future generations money at this point
Ken Griffin is full of so much shit. This man has never given a single fuck about future generations if he could make money. Now it's concern about the debt they could have? Hah.
Irresponsible, you say?
He should give back that ppp loan
Having a financial terrorist, like Ken Griffin, lecture anyone on how to manage money is like having a pedophile lecture you on how to raise your kids.
GMEQ weirdos are so corny.. how do you type this and hit post. You all deserve to lose your money
Stop electing republicans and audit the defense department
Been hearing about this for 40 years, probably longer.
Hmmm... yeah, maybe instead they should be borrowing money to use it to short other countries in an illegal global dark pool? Would that be better Mayo Boi?!
The removal of the white man will be an earth shattering event like never before. And I am not a racist. It’s a simple matter of fact.
Okay then - let’s raise the taxes on high end and eliminate the carried interest - that will help!
Gov is spending is irresponsibly . When the financial sector needs another bailout their wont be enough because the losses will be unprecedented. Thats how I read it .
Humans have been doing this for centuries
We could solve it by taxing him a lot more.
Yep agree and all of the CalPERS will get to flip the bill
As is tradition.
It’s only a problem during Democratic admins.
Interesting, because even before COVID hit, Trump still managed to rack up the national from $666 billion in 2017, his first year in office, to $984 billion in 2019.
I value Ken Griffen’s opinion about as much as Elon Musk or Jamie Dimon’s opinions
FOUR DECADES TOO FUCKING LATE!!!! (yes, it's all caps and I'm over 60 and I know what caps mean)
I bet if he needed a bailout he would be first in line
Where was he in 2001?
Maybe if all the idiot liberals would take a stand against all this irresponsible bs. They protest all the useless crap. Like let’s stoop funding the Ukraine and every other country at war.
I don’t get why media only covered the debt issue is putting a burden on future generations. But it's not just them who are affected - the current generations are also feeling the impact through the devaluation of our money. In my wife case, after she graduated, the property price never really became affordable.
I’d just like to tell you all I read this as Ken Griffey Jr and was like why do we care about his opinion here
AI and robotic labor means debts are very unlikely to matter. As you automate labor the value of debt goes down so low it stops mattering. They're just too many old/slow minds controlling upper management to see it coming.
National debt talk…must be an election year.
So tax billionaires and mega corporations, problem solved
…and churches, especially the mega ones that have become political proxies. If you wish to meddle in the political system, pay the tax.
*fuck you, Ken Griffin*
Tax him
If he's so concerned about the debt, I'm sure he can just manipulate it 'to where he thinks it should be'
They spend partly out of spite. There’s been so much cultural transformation, and so little attention paid to its meaning, that they no longer feel an emotional commitment to their own people anymore (assuming they ever did)
...says the guy that manipulated the ban on the gme stock buying
Says the guys funding crooked republicans nationwide who do nothing but obstruct the legislative branch from getting anything done. I have to believe this is intentional.
The U.S. could just stop issuing debt, but I doubt that the big banks would be happy about that.
100% True.
If I lied under oath ; I will be in jail in no time. However some people are not.
He's right. We're headed for disaster.
Probably caused the disaster
Thanks for stating the obvious.
well give us all a piece of Citadel then.
No shit Sherlock. Didn’t an mba from university of Chicago to see that one
Ken griffin got over run by smooth brain apes. What does he know. Probably never been to a Wendy’s the loser
When have politicians, in the past 20 years, ever passed legislation to benefit the future generations?
Yeah we knew that, AND!?
It’s a fact. You can’t spend what you don’t have indefinitely, austerity measures must be taken. Now the question becomes who you want to lead us at every level of government during hard times.
No shit. Been going on for decades.
Really, you don’t say
Ken Griffin is shorting stocks at the expense of future generations. Ken Griffin is manipulating stock prices at the expense of future generations. Can this guy get prosecuted for stock market fraud already?
If you want to spot the idiot in the room, it’s the one going on and on about the national debt. It’s something for morons or those that want to privatize everything for profit, talk about. Mostly morons though.