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The Swiss mega bank, Credit Suisse, lost $5.5 billion in late March and early April from the highly-leveraged, highly concentrated stock positions it was financing via tricked-up derivatives for Archegos Capital Management, the family office hedge fund of Sung Kook “Bill” Hwang. Archegos blew up on March 25 after it defaulted on its margin calls […]
Posts Tagged ‘blowup’
There’s a Lot More to Investigate than Just Zombie Risk Managers in the Archegos Hedge Fund Blowup
August 1st, 2021 
Awake Goy 
Posted in Jewish News 
Tags: archegos, blowup, hedge, investigate, managers, there, zombie 
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