Bill Black: This Is What Caused The Archegos Capital Collapse
Written by Econintersect
Can You Destroy $20 Billion in Wealth Without Committing a Crime?
That is the question that leads a post on theAnalysis.news 05 April 2021. The question refers to the margin call default on 26 March 2021 of the $10 billion Archegos Capital Management firm. The margin calls came from several global investment banks, including Credit Suisse, Nomura Holdings, Goldman Sachs, and Morgan Stanley.
Source: http://econintersect.com/pages/contributors/contributor.php?post=202104072311
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