Section 07 · Citadel
Griffin has done this four times before.
Citadel steps into distress as a buyer. It does not always work.
The playbook is real. So is the one that didn’t work.
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Reported · contemporaneous coverage
Enron 2001 · Amaranth 2006 · Sowood 2007 · Melvin 2021, wound down 2022 · Situational Awareness, July 30 2026
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R replay · ?final still