Navinder Singh Sarao, a patsy charged in the 2010 flash stock market crash, is being released after spending four months in a London prison. Sarao is now fighting extradition after a judge changed his terms […]
Tag: Citadel
Former Fed Chairman Joins Another Hedge Fund
In what is surely a conflict of interest, as shown by the fact his lawyers vetted and structured the arrangement, former Federal Reserve chairman Ben Bernanke is joining bond giant Pimco as a senior advisor. […]
Nav Sarao: What You Need Know And Why He’s Important
Nav Singh Sarao is the Briton blamed for causing the May 2010 Wall Street ‘flash crash’ where about $1 trillion was briefly wiped out from U.S. stock markets in a matter of minutes. Mr Sarao […]
Former Fed Chairman Joins World’s Most Levered Hedge Fund
The NYT today reports that former Federal Reserve chairman Ben Bernanke will join the world’s most leveraged hedge fund, Citadel Advisors, as, well, an ‘advisor’. Mr Bernanke will “offer his analysis of global economic and […]