“The $2 billion ... reduced $63 billion of debt to $27 billion ... something like a 3300% return”
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Said on Slate Money
“On January 27th ... Citadel Securities handled nearly $4.2 billion worth of GameStop trades. So it was making enormous amounts of money from all of this trading.”
Great Business Stories · Ken Griffin: Wall Street’s Ultimate Competitor
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What was described
handled $4.2 billion of GameStop trades on Jan 27, earning large fees from the surge in volume
$4.2 billion worth of GameStop trades
Said nearby on the same subject
“The 12 restructurings that have been done so far have reduced $63 billion of debt to $27 billion”
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Said on Slate Money
“They're going to get a management fee, 2%, they're going to get a performance fee. So this is really 32 equity writ large, as I see it.”
♫
Said on Closing Bell
“AMR sports of revenue growth of 27% and earnings growth of 106%, which are both really encouraging figures that suggest their growth is due to more than just a fairly narrow fashion trend”
♫
Said on The Desert Island Investor
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