Klarman pumps SPACs - Citi's $500 mln blunder - Goldman launches DIY investing

Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:

• Billionaire Seth Klarman has placed big bets on SPACs - $4.
• Goldman execs Sonali Divilek and Andrea Finan take us inside the bank's $4.
• Citi can't claw back the $4 to Revlon's lenders.

We are also looking for nominations for upcoming list of top equity research analysts under 35. $4

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Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter $4.

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SPACs are hot right now, and billionaire Seth Klarman has been a big backer of the blank-check companies. The founder of the Baupost Group has put hundreds of millions into SPACs, including ones run by Dan Och and Dragoneer CEO Marc Stad.

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Goldman Sachs' Marcus officially launched its robo-advisor, marking the next step in the bank's attempt to appeal to Main Street. Sonali Divilek and Andrea Finan, executives overseeing the roll-out, laid out the product's plans. $4

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Another Goldman Sachs' veteran is departing the prestigious Wall Street firm. $4.

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Morgan Stanley is expanding the number of participants and size of investments for its Multicultural Innovation Lab. $4.

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Get the scoop on the latest fintech to eye the public markets. $4.

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Odd lots:

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