Bonus Watch '09: Citadel

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I guess you could say that this is to be expected, but it's the sort of malarkey we'd expect of a more Charlotte-based Ken and not our preferred K out (mid)West. Supposedly our favorite Chicago hedge fund has put a clause in bonuses to keep people loyal 'til at least June (when the majority of their goodie bags will be paid out), though "some ship jumping has already begun." Also hideous: apparently bonuses this year were "in-line" with the rest of the Street, which is common, and uncool.
UPDATE: Au contraire: we're told that Citadel's bonuses were paid in their entirety in December and that they came out of KG's pocket.

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