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A comment on Bill Hwang of Archegos Capital lost $20B in two days. Parent comment

Re:Bill Hwang of Archegos Capital lost $20B in two days by jimbilly22 on Wednesday May 12, 2021 @04:08PM (#27134532)
Long Term Capital Management was bailed out by the government.

Or, the Fed organized it.

They ended up leveraged 100 to 1 and had trillions in bonds.

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