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175,846,629,768 Reasons Why Ben Bernanke Joined Citadel

• zerohedge.com

(at least not for a few years until the the eponymously named helicopter makes a landing and hyperinflation runs wild).

It is also not the assets under management held by HFT titan, and Bernanke's new employer, Citadel. As Citadel reminds us in its regulatory filing with the SEC, "as of December 31, 2014, in Funds managed on a discretionary basis, we had approximately $23,804,000,000 in net assets under management."

Only.

So what does the number above represent? Well, as Item 5 of Citadel's Form ARV also filed with the SEC every year just before the end of the first quarter, $175,846,629,768 is the total amount of regulatory assets held by Citadel.


thelibertyadvisor.com/declare