Thursday, December 6, 2007

Citadel's risky play in E*Trade

On the back of bold and savvy trades, Citadel Investment Group has quickly earned a reputation as one of Wall Street's smartest investment firms. Now, though, investors are betting that the company's most recent headline-grabbing investment - a $2.55 billion rescue package for E*Trade Financial - will be a huge flop.



Read More...

[Source: Financial news of the day - CNNMoney.com]

No comments: