I’m not even convinced there is evidence Citadel stood to gain from Melvin doing well. The terms of their deal weren’t disclosed but a lot of the news stories

I’m not even convinced there is evidence Citadel stood to gain from Melvin doing well. The terms of their deal weren’t disclosed but a lot of the news stories suggested Citadel got a slice of Melvin for a line of credit. That’s a pretty good distressed asset price!