Bill Hwang, Wall St. Investor In Major Media Stocks, Guilty Of Fraud And Market Manipulation
#Legal #News #Archegos #BillHwang

https://deadline.com/2024/07/bill-hwang-guilty-fraud-market-manipulation-archegos-1236006891/

Bill Hwang, Wall St. Investor In Major Media Stocks, Guilty Of Fraud And Market Manipulation

Investor Bill Hwang could get up to 20 years on each of 10 counts.

Deadline

Archegos Founder Bill Hwang Found Guilty in Fraud and Racketeering Case Involving ViacomCBS Stock
#Variety #News #BillHwang #ViacomCBS

https://variety.com/2024/tv/news/bill-hwang-guilty-archegos-viacomcbs-market-manipulation-1236066947/

Investor Bill Hwang Found Guilty of Manipulating ViacomCBS Stock

Investor Bill Hwang was found guilty Wednesday of fraud and rackeetering charges related to his trading activity around ViacomCBS shares in 2021.

Variety

UBS agrees 'emergency rescue' of Credit Suisse

https://www.bbc.co.uk/news/business-65007871

is this really the end of Credit Suisse? genuinely seems that way.

amazing how keen minds on #superstonk predicted this well over a year and a half ago:

https://www.reddit.com/r/Superstonk/comments/ox7p7a/wut_doing_credit_suisse/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
&
https://www.reddit.com/r/Superstonk/comments/xtydwd/credit_suisse_is_fucked/

"Very likely, Credit Suisse holds a big bag of GME shorts as the Prime Broker for Archegos, and they never closed."

The chickens are coming home to roost.

#CreditSuisse #GameStop #GME #Archegos #BillHwang

UK banking system 'safe' after Credit Suisse rescue

Despite the swift action by regulators, stock markets in the UK and Asia fell.

BBC News

13 months ago this guy had $30 billion, now it's going to jail. fun times

(btw, he's another fanatic mixing religion and investments, like Wood)

RT @[email protected]

DOJ SET TO CHARGE ARCHEGOS' BILL HWANG WITH FRAUD.
#Archegos #BillHwang

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

β€œHe 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 β€” until he ran out of money.

The New York Times