The 36 Billion Downfall of Archegos
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Wall Street’s trial of the decade has offered vivid glimpses of the 72 hours that obliterated Hwang’s $36 billion fortune. One after another, Wall Streeters told a New York jury their version of how his secretive family office ultimately crumbled and saddled banks with more than $10 billion in losses. Sridhar Natarajan has more. • Sign up for The Big Take newsletter, one story that spotlights the best of Bloomberg's global reporting and research, delivered to your inbox daily: https://bloom.bg/4bYI7tL • -------- • More on Bloomberg Television and Markets • • Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets Finance: https://tinyurl.com/ysu5b8a9 • Visit http://www.bloomberg.com for business news analysis, up-to-the-minute market data, features, profiles and more. • • Connect with Bloomberg Television on: • X: / bloombergtv • Facebook: / bloombergtelevision • Instagram: / bloombergtv • • Connect with Bloomberg Business on: • X: / business • Facebook: / bloombergbusiness • Instagram: / bloombergbusiness • TikTok: https://www.tiktok.com/@bloombergbusi... • Reddit: / bloomberg • LinkedIn: / bloomberg-news • • More from Bloomberg: • Bloomberg Radio: / bloombergradio • • Bloomberg Surveillance: / bsurveillance • Bloomberg Politics: / bpolitics • Bloomberg Originals: / bbgoriginals • • Watch more on YouTube: • Bloomberg Technology: / @bloombergtechnology • Bloomberg Originals: / @business • Bloomberg Quicktake: / @bloombergquicktake • Bloomberg Espanol: / @bloomberg_espanol • Bloomberg Podcasts: / @bloombergpodcasts
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