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To: ~digs who wrote (5934)12/14/2008 10:01:37 PM
From: ~digs  Respond to of 7944
 
correction : GS will report on Tuesday



To: ~digs who wrote (5934)12/15/2008 8:32:53 AM
From: ~digs  Read Replies (1) | Respond to of 7944
 
correction : quad witch on friday



To: ~digs who wrote (5934)12/15/2008 9:23:58 AM
From: Bucky Katt  Respond to of 7944
 
Of interest, my guys are doing things like this, long oil amongst other things,

Message 25235985



To: ~digs who wrote (5934)12/15/2008 9:25:32 AM
From: Bucky Katt  Read Replies (1) | Respond to of 7944
 
And Citadel is shrinking> Citadel Investment Group suspends fund redemptions>

Citadel Investment Group is suspending redemptions from its two largest funds, according to a letter Citadel founder Ken Griffin sent investors Friday.

Investors have requested that the Chicago-based firm return about 12 percent of the assets, roughly $1 billion, held in the Kensington and Wellington funds, which are down almost 50 percent on the year.

"We recognize how a suspension impacts our investors, especially those with current financial obligations of their own to meet," wrote Griffin.

Griffin said that maintaining Citadel's financial flexibility in volatile markets is a priority.

Investors could receive their redemptions as early as March 31, the letter said.

Citadel manages $13 billion in assets. It has absorbed management fees normally charged to investors in response to losses in Kensington and Wellington.

As of October, 18 percent of hedge-fund assets, or about $300 billion, managed by 5 percent of hedge funds, were subject to some sort of restriction on withdrawals, Bloomberg News reported.