Yihao Ben Pu ham-handedly borrowed a bit more code than Citadel is comfortable with and then even more ham-handedly tried to get rid of the evidence to that effect. It didn’t work, because Pu pleaded guilty to taking the code last year.
At the time of the theft, his lawyers would like to point out, he was just 23 and doing the kind of things that 23-year-olds, even hot-shot Cornell-educated computer engineers do, which is to say stupid things. His lawyers would also like to point out—and when better to point it out than today, when a judge decides how long Pu has to spend in jail for being stupid—that he’s generally a good person whose actions didn’t actually cost Ken Griffin any money. Read more »
Back in July, Chicago, Wall Street, and the universe, really, were rocked by the prospect of Citadel founder Ken Griffin losing his title as World’s Richest Illinoisan, following the news that he and his wife were getting divorced. For those who haven’t been following the story, a quick refresh:
Which brings us to today. From Ken’s camp, there’s the news that Anne’s already received a sizable chunk of change over the course of their marriage. From Anne’s, it’s that Ken’s changed the locks on their many vacations homes and maybe threatened to take a wrecking ball to their Chicago penthouse? Read more »
Back in July, after he filed for divorce from his wife of 11 years, we noted that Ken Griffin’s title as World’s Richest Illinoisan was in peril. In light of the fact that even if Anne Dias Griffin took half, the Citadel founder would still be worth over $1 billion, this comment may have seemed a tad dramatic. Following today’s report that Anne wants their prenuptial agreement voided, though, and is clearly playing the hardest of ball, it doesn’t seem dramatic in the slightest. She’s going after him for everything, and if the idea of her demanding not just cash, homes, and art but the keys to the hedge fund sounds laughable than laugh it up! Also, if the (soon-to-be-ex-) Mrs. needs any pointers on playing dirty, she (allegedly!) needn’t look far. Read more »
Which may have something to do with his being guilty of sending a buddy some proprietary code he’d written and then trying to help him cover the whole mess up, and that buddy’s decision last week to plead guilty first. You know, little factors like that. Read more »
As you’ve probably heard by now, hedge fund manager Ken Griffin is getting divorced, having served his wife Anne with papers at some point yesterday afternoon. So, it’s sad times at Casa de Griffin, made even sadder by the fact that the Citadel founder may be parting with a good chunk of his milkshake allowance at some point in the near future. Read more »