MintyNov 21, 2024
#BillHwang #fraud #christian #evangelical #ArchegosCapitalManagement #investor
रञ्जित (Ranjit Mathew)Apr 5, 2021

On #BillHwang and the recent collapse of #ArchegosCapitalManagement when the #stock for #ViacomCBS fell:

“He Built A $10 Billion Investment Firm. It Fell Apart In Days.”, The New York Times (https://www.nytimes.com/2021/04/03/business/bill-hwang-archegos.html).

#Finance #Leverage #PrivateWealth #MarginCall

He Built a $10 Billion Investment Firm. It Fell Apart in Days.

Banks were eager to do business with Bill Hwang and his Archegos Capital Management — until he ran out of money.

The New York Times