On May 8, former Archegos founder Bill Hwang is due to appear at the federal courthouse in Lower Manhattan in what promises to be one of the most closely watched Wall Street trials in recent memory. Bloomberg’s Sridhar Natarajan has the story.
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36 billion dollars ? Wow how you lose 36 billion dollars , no in my 45 years I would never spend that much money
RIP Robertson
FDIC MUST BE A FALACY
He's a f*cking evil psycho
He should have read the part of the bible that says you can't serve God and mamnon/mamre. You can't serve God and filthy lucre/money. Money is the root of every form of evil. What can you give in exchange for your own soul?
“Invest in my fund, God will lead us to the promise lands with his investment picks.” 😂
@benjamin Hwang leverage Calculator
The 3 L's ruin a man. Leverage in this case.
I saw him at a whole foods in nyc lol
When you have $35b you don’t really need $36 or $37b.
You are grasping for it because it is a habit.
Fair enough .
But… When you hide your own habit form yourself with some story of redemption and saving the world and charity, etc etc you are in the opposite of a reflective ruminating mindset. You are at-large from yourself and doom is not far away.
Something fishy. How on earth does a transaction flow of 36 billion in total did not triggered bells at either the receiving or supervision sides? When I pay something of 1000 bucks with my cc, it already flags something at the bank and I got a call to check if it was indeed me and if it was intentional. Let's say his company flows 1 billion to an account, times 36 within a week, without new money coming in, surely that must alarm other people in the chain. I think a lot more people dropped the ball here and he is escape-goated.
Oy vey
Lost it? Where is it?
It takes some skill to lose $36 billion. Most people just don't have it in them and would call it quits after a billion or two.
So much worse than ltcm- but it happened while the fed was buying anything in 2021
careful BIll when you picking up soap
Only Congress engages in more fraud.
Ultimate Diamond Hands 😂
bill "jesus take the wheel" hwang
No one will probably ever be Ballin' Like Bill
FREE HIM!!!!!!!!!!!!!!!
Sridhar has soap opera like reacs lol
The king of margin trading.