News for hackers. Stuff that matters.
Re:Bill Hwang of Archegos Capital lost $20B in two days by humanistbot on Wednesday May 12, 2021 @01:32PM (#27132926)
Except when they are "too big to fail" and get massive government corporate welfare....
Re:Bill Hwang of Archegos Capital lost $20B in two days by LatteLazy on Wednesday May 12, 2021 @06:42PM (#27136056)
Too big to fail applies to banks not hedge funds. If the hedge fund goes bust no one bails them out.