With Situational Awareness AI deal, Citadel's Griffin rides to the rescue again

July 31 : When rival hedge funds face catastrophic losses, billionaire investor Ken Griffin has a habit of identifying opportunities and showing up with a checkbook.Citadel's founder this week reprised his role as one of Wall Street's rescue buyers, stepping in to salvage California hedge fund Situational Awareness as

For Griffin, who began trading from his Harvard University dormitory some four decades ago and now oversees $71 billion in assets, it is a playbook that stretches back decades.