Did PEAK6 blow out?

[nitro]

Here is one that came this morning. Citadel pays as well as any firm on the planet, but they work you to the bone and the atmosphere is very intense. Some people thrive on that, and even if they don't, few programmers turn down $300k/Year.

"Hello xxxx,



My name is xxxx xxxx, a Recruiter at Citadel Investment Group, L.L.C. I wanted to let you know that we have a wide variety of different C++/C# positions available in our downtown Chicago location. (which is around 6 blocks from Union Station). We have C++/C# development opportunities using both Microsoft and Unix platforms, on the server side and desk top. We also have more quantitative development opportunities dealing with a variety of different financial trading domains. Some of the groups are also migrating into the C#/.Net framework as well. In order for me to pin-point the best opportunity for you, it would be great if we could discuss over the phone for me to get a better idea of your career aspirations and experience level.



We are one of the world’s most sophisticated alternative investment institutions and we offer very exciting opportunities. If you are interested, please respond with a copy of your resume in word and also what a good time to talk would be. If at this time it may not be a good time for you to consider a career move, please feel free to hold onto my information or forward it to a colleague. Thanks!"

 

[ronnotel]

my sources tell me they had their worst day ever on 8/10. But they were still up on the year as recently as two weeks ago so I seriously doubt they blew out.

I know the head trader of their hedge fund (separate capital pool from the main group) left a couple of weeks ago. Maybe the rumor was something to do with that?

Just about everyone in the quant space is having a rough time.