Saturday, October 25, 2008

Citadel Chief Denies Rumors of Trouble - NYTimes.com

In the Journal of Behavorial Finance 2004 Allan Kimmel wrote the following about financial rumors:"In the contemporary financial marketplace, the consequences of speculation and decision making based on unfounded assertions and false rumors can be especially potent and undeniably dangerous."Which is what makes the following NY Times story even more worrisome: the mere fact of the rumors coming

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