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October 15, 2008 · 5:45PM

Citadel Declines 26%, Moves To Dispel Rumors

Citadel Investment, a lucrative $17 billion U.S. hedge fund, suffered portfolio declines of 26% to 30% amid unprecedented market volatility. In a letter to clients, the fund said September was its “single worst month,” but denied rumors that credit lines have been cut. (WSJ)

Categories: Business & Finance Today · Financial Services

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