TruthArchive.ai - Tweets Saved By @InvestorTurf

Posted - November 20, 2023 at 11:48 PM

Saved - November 21, 2023 at 4:47 AM

reSee.it AI Summary

Citadel's chances of going public are slim due to its complex web of subsidiary companies engaged in wash trading, a form of accounting fraud. The company manipulates its accounts by buying and selling securities from itself, concealing losses and violating accounting principles. Such lack of transparency and fraudulent practices would likely be exposed if Citadel were to become a publicly traded company. An upcoming exposé on Citadel's CEO, Ken Griffin, further sheds light on his alleged financial misconduct. Stay tuned for the full story.

@InvestorTurf - InvestorTurf

OPINION : CITADEL WILL NEVER BE A PUBLICLY TRADED COMPANY. Citadel will never be a publicly traded company like Virtu Financial because Citadel, the parent company, owns numerous subsidiary companies that engage in circular trading of US treasuries. Essentially, the company is manipulating its accounts by buying and selling securities from itself, obfuscating the true financial picture. This practice, known as wash trading, is a form of accounting fraud. Furthermore, when preparing the financial statements for each subsidiary company, Citadel deliberately omits crucial information, effectively concealing losses. This lack of transparency is a clear violation of accounting principles and regulatory requirements. Going public necessitates clean and legitimate accounting practices, adhering to strict financial reporting standards and regulatory compliance. These measures are essential to instill investor confidence and meet the obligations of a publicly traded company. However, given Citadel's fraudulent and intricate accounting methods, exposing its financial records through an IPO would likely expose its wrongdoing to the authorities.

@InvestorTurf - InvestorTurf

Exclusive exposé on Ken Griffin, the financial mastermind behind Citadel, to be unveiled soon In a groundbreaking poll, 5390 participants have named Ken Griffin, the CEO of Citadel, as the biggest financial criminal, surpassing even notorious figures like Bernie Madoff and Sam Bankman-Fried. This exclusive article delves into the reasons behind this damning verdict. Stay tuned for the full story, which will be published exclusively on https://investorturf.com Subscribe to our newsletter to receive immediate notification upon its release.

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@InvestorTurf — InvestorTurf

Posted - October 30, 2023 at 12:19 AM

Saved - October 30, 2023 at 12:54 AM

reSee.it AI Summary

Bed Bath & Beyond shareholders have suffered complete loss. Fidelity removed their shares on Oct 18, 2023, deeming them worthless. No future distributions, positions removed from accounts.

@InvestorTurf - InvestorTurf

Bed Bath & Beyond shareholders have lost everything, as we reported before. Fidelity said its shares from shareholders’ accounts have been removed as of October 18, 2023, due to the fact it’s worthless. Fidelity said, ‘This security has been deemed to have no stockholder equity, it is now considered worthless. There will be no future distributions and positions have been removed from shareholders’ accounts as of October 18, 2023.’