Citadel legend Ken Griffin shares his two cents on bank bailouts: Capitalism ‘breaking down before o ...

Ken Griffin, the legendary founder of legendary hedge fund Citadel, reckons the US didn’t just muck up by bailing out Silicon Valley Bank (SVB) this week, but thinks the rescue package and subsequent emergency surgery performed by US regulators shows just how sick the US financial system really is. American capitalism is “breaking down before our eyes”, Griffin said in an interview with FT on Monday The US government shouldn’t have got out of bed to protect all the SVB …