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Goldman, Morgan Stanley Veteran Signs Up For Eventual Firing By Ken Griffin

It’s all part of Wall Street’s circle of life.
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By Paul Elledge [CC BY-SA 4.0], via Wikimedia Commons

By Paul Elledge [CC BY-SA 4.0], via Wikimedia Commons

Sooner or later, everyone on Wall Streetwill work for Ken Griffin (after the waterboarding, of course). Sooner or later, they’ll shudder when his stare turns their blood to ice. And sooner rather than later, they will stop working for him. In fact, there are probably not enough people on Wall Street to satisfy the Citadel chief’s appetite for hiring and firing. Ken Griffin knows this and is working on the problem. In the meantime, he’s continuing to work through the current supply, which means its John Neary’s turn to spend a couple of days/weeks/months/maybe years waiting for that final summons to Ken’s office.

John Neary, a trader who has held various senior roles at Morgan Stanley and Goldman Sachs, has been hired by $27bn hedge fund Citadel as chief operating officer for its new fundamental strategies group. He joined the firm earlier this month, a Citadel spokesperson confirmed….

Prior to joining the hedge fund, Neary had been working at Barclays for almost a year in a consulting capacity through his firm 3000Kings, which he established upon his departure from Morgan Stanley in 2013.

Morgan Stanley’s former US equities chief joins Citadel [FN]



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