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Article: Citadel Bought Sentinel Assets, Client Says
- Article from:
- Daily News
- Article date:
- August 17, 2007
- Author:
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Copyright informationCopyright 2007 Daily News. Provided by ProQuest LLC. (Hide copyright information)
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CHICAGO (HedgeWorld.com) - Citadel Investment Group LLC is at it
again - buying on the cheap what nobody else wants in a declining
stock market.
The Chicago-based hedge fund apparently purchased some of the
assets of Sentinel Management Group Inc., the Northbrook, Ill.-based
futures commission merchant, whose cash funds have recently been hit
by subprime and liquidity-related losses, according to one of
Sentinel's clients.
Sentinel is one of the latest casualties of the problems in
subprime mortgages. Some of its assets consist of short-term paper
exposed to the impaired mortgage-backed securities. On Monday [Aug.
13], Sentinel announced that it had frozen redemptions from its funds
due to ...
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Article: Sentinel Scores Another First, Now on Sale at LAX
Los Angeles Sentinel;
September 21, 2005 ;
358 words
...Oliver, Lela Ward Los Angeles Sentinel 09-21-2005 The Los Angeles Sentinel, the oldest Black newspaper west of the Mississippi...International Airport (LAX). The numerous award-winning Sentinel has made history once again as the first African...
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