Re:Bill Hwang of Archegos Capital lost $20B in two days
by jimbilly22 on Wednesday May 12, 2021 @04:09PM
(#27134542)
Off the top, Bear Stearns bailed out its main hedge fund after it had to liquidate in what ended up being a precursor to the financial crisis. It happens fairly often.
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Re:Bill Hwang of Archegos Capital lost $20B in two days
by xadhominemx on Wednesday May 12, 2021 @05:13PM
(#27135217)
Bear Stearns made investors partially whole... definitely not a bailout because are you point out they owned the GP. It’s actually a horrible example.
Re:Bill Hwang of Archegos Capital lost $20B in two days
by jimbilly22 on Wednesday May 19, 2021 @10:31AM
(#27209175)
no, it isnt. you asked for when a hedge fund was bailed out by a bank. i gave you one. there's many more. that's just the most famous example.