``Griffin explains a loss of $8 billion of other people's money by saying he showed human fallibility, which incidentally cost a 55% loss in the hedge funds at his firm Citadel Investment Group. This was much higher than the average 19% that hedge funds lost as a whole last year.... Citadel is now trying to drum up money from investors, telling them that Citadel has already made $5 billion in nine months of trading this year as markets recovered. In fact, Griffin has been talking of an IPO for Citadel as early as next year, based on his new found confidence from losing so much money in such a short time.''

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