4 ms·
One’s a market maker + bank, one’s a fund. I understand it’s against the grain to hold this opinion, probably because it’s inherently not conspiratorial, but th
by voteflipper 6y ago
One’s a market maker + bank, one’s a fund. I understand it’s against the grain to hold this opinion, probably because it’s inherently not conspiratorial, but they do different things and regulated/managed entirely differently.
- piva00 6y agoThey are still owned by the same group of people, with conflicting interests: one side supports a trading platform, the other side just bailed out a moribund fund and needs to make that money back. What side do you think wins given the huge hole left in Citadel after propping up Melvin?
- purerandomness 6y agoCompanies do not make decisions. People owning these companies make decisions.