Ken Griffin criticizes Devin Nunes: Trump before a stock bonus?

Ken Griffin criticizes Devin Nunes: Trump before a stock bonus?

Citadel founder Ken Griffin has criticized Trump Media CEO Devin Nunes, who a spokesman called a "proverbial loser." This came in the context of naked short selling, which Nunes cited as the cause of the sharp decline in Trump Media's stock price following its SPAC merger on March 26. Citadel Securities emphasized the importance of skills and integrity and stated that they would fire someone like Nunes if he worked for their company.

The statements from Ken Griffin and the Citadel Securities spokesman indicated dissatisfaction with Nunes' efforts to blame his falling stock price situation on naked shorts. This open criticism of a CEO in public is unusual and sheds light on the tensions and challenges that companies can face in the financial world.

Trump Media's spokesperson's response to these allegations was not fully stated in the article provided. Further developments on this issue may be announced in the future to clarify how this public dispute between Ken Griffin, Citadel Securities and Devin Nunes has evolved. It remains to be seen whether this controversy will have an impact on the business relationships or reputation of the companies involved.