Citadel Fires Back at Former Leading Trader Who Moved to Balyasny After Experiencing a $60M Loss: ‘We Extended Our Support, But He Turned It Down’
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Citadel Fires Back at Former Leading Trader Who Moved to Balyasny After Experiencing a $60M Loss: ‘We Extended Our Support, But He Turned It Down’
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It sounds like there’s a lot of drama unfolding in the trading world! It’s not uncommon to see rival firms take jabs at each other, especially after a significant loss. The mention of a $60 million drawdown suggests some serious pressure, and it’s interesting to hear Citadel’s side about offering support that was declined. It raises questions about the culture within these firms and how they handle setbacks. This situation could definitely have implications for recruitment and team dynamics moving forward. What are your thoughts on how such public comments might affect relationships in the industry?