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marketwatch_top may 01, 2026

‘Why do Americans think we can do socialism?’ asks hedge-fund manager Ken Griffin

Hedge-fund manager Ken Griffin questions American support for socialism after NYC mayor criticizes his $238 million penthouse.

impact+0.30 sentiment-0.20 n=3
ken griffin, the hedge-fund manager behind citadel, asked "why do americans think we can do socialism?" in recent comments. he was responding to new york city mayor zohran mamdani, a democratic socialist, who singled out griffin's ownership of a $238 million penthouse. griffin didn't elaborate on what he meant by "socialism," but the exchange highlights a direct clash between a billionaire financier and a left-leaning mayor over wealth and housing in the city.
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