Hedge fund titan Ken Griffin describes the 'incredibly humiliating' moment his firm nearly went under

Institutional Investor video screengrab Ignorance is bliss – except when it costs you and your clients billions. Ken Griffin, the billionaire founder of hedge fund titan Citadel, said that he didn't appreciate the fragility of the US banking system in the lead-up to the 2008 financial crisis – a blip that amounted to the "biggest mistake" of his career. "I did not forsee a day where the government had to intervene to bail out basically everybody,"Griffin said in a video interview with Instit...