Ken nuget

Citadel Securities is sometimes dismissively referred to as "Citadel's trading arm" -- seen as a forgotten backwater of Ken Griffin's hedge fund empire, where quants toil on complex algorithms to arbitrage tiny differences in stock prices or calculate bid-ask spreads for Treasuries. It's much more than that. The market-making firm, which is actually separate from Griffin's hedge fund, generated $3.5 billion of revenue last year -- vastly outpacing nonbank peers and catching up with Wall Street rivals. Griffin, 51, earned about $870 million from his hedge fund in 2018, itself a stunning payday that funded a remarkable appetite for high-end real estate and philanthropy. Citadel Securities may be even more lucrative -- with profit margins that he has previously said should exceed 30%. His wealth, long estimated at about $10.3 billion, based largely on his investments in, and ownership of, the hedge fund business, is $5.1 billion higher, according to new calculations by the Bloomberg … [Read more...] about Ken Griffin has another money machine to rival hedge fund

Now Playing: Shortly after the House Judiciary Committee voted to approve two articles of impeachment against him, President Donald Trump called the proceedings a "scam" and a "hoax." Still, he said impeachment is "very good for him politically." (Dec. 13) Video: Associated Press WASHINGTON (AP) — This coming week’s virtually certain House impeachment of President Donald Trump will underscore how Democrats and Republicans have morphed into fiercely divided camps since lawmakers impeached President Bill Clinton. Twenty-one years ago this Thursday, a Republican-led House approved two impeachment articles against Democrat Clinton. While that battle was bitterly partisan, it was blurrier than the near party-line votes expected this week when the House, now run by Democrats, is poised to impeach Republican Trump. Two of the four Clinton impeachment articles were killed — something party leaders today would jump through hoops to avoid for fear of … [Read more...] about Trump impeachment vote underscores a harshly partisan era

Sunday’s matchup with Jacksonville is likely to be the last time the Raiders ever play in Oakland. With that in mind, we’ve put together a list of the top 15 games the Raiders played in the city. The parameters: Preseason games do not count, the games must have taken place in Oakland (so no road games or Super Bowls), they must have had special drama and/or historical significance, and barring extenuating circumstances, the Raiders must have won. Here goes … The Raiders get their first and only win of the season by beating the BostonPatriots 20-0, December 16, 1962 15. Dec. 16, 1962: Raiders 20, Boston Patriots 0 — The Raiders spent their first two seasons in San Francisco, at Kezar Stadium and Candlestick Park, so this victory at Frank Youell Field was their first in Oakland. The win, in which Clem Daniels scored on a 74-yard pass from Cotton Davidson and on a 7-yard run, was the last of the ’62 season. The Raiders finished 1-13. OAKLAND, CA - OCTOBER … [Read more...] about Raiders’ top games in Oakland? Here’s our list

Navy's Malcolm Perry (10) leaps over Army's Donavan Lynch (11) during the second half of an NCAA college football game, Saturday, Dec. 14, 2019, in Philadelphia. Navy's Malcolm Perry (10) leaps over Army's Donavan Lynch (11) during the second half of an NCAA college football game, Saturday, Dec. 14, 2019, in Philadelphia. Photo: Matt Slocum, AP Photo: Matt Slocum, AP Image 1 of / 10 Caption Close Image 1 of 10 Navy's Malcolm Perry (10) leaps over Army's Donavan Lynch (11) during the second half of an NCAA college football game, Saturday, Dec. 14, 2019, in Philadelphia. Navy's Malcolm Perry (10) leaps over Army's Donavan Lynch (11) during the second half of an NCAA college football game, Saturday, Dec. 14, 2019, in Philadelphia. … [Read more...] about Malcolm Perry rushes for 304 yards to lead No. 21 Navy past Army

Navy quarterback Malcolm Perry (10) breaks free on a third-quarter run during the 120th Army-Navy game at Lincoln Financial Field. Perry rushed for 304 yards and a pair of touchdowns in Navy's victory Saturday. Navy quarterback Malcolm Perry (10) breaks free on a third-quarter run during the 120th Army-Navy game at Lincoln Financial Field. Perry rushed for 304 yards and a pair of touchdowns in Navy's victory Saturday. Photo: Washington Post Photo By Jonathan Newton Photo: Washington Post Photo By Jonathan Newton Image 1 of / 4 Caption Close Image 1 of 4 Navy quarterback Malcolm Perry (10) breaks free on a third-quarter run during the 120th Army-Navy game at Lincoln Financial Field. Perry rushed for 304 yards and a pair of touchdowns in Navy's victory Saturday. Navy quarterback Malcolm Perry … [Read more...] about Navy dominates Army as Malcolm Perry runs wild