Πηγαίνετε εκτός σύνδεσης με την εφαρμογή Player FM !
Was the Archegos implosion illegal?
Manage episode 417060575 series 2284658
Three years ago, chaos struck Wall Street. Companies saw their share prices tumble, seemingly out of nowhere. Major banks lost billions of dollars in the fallout. Eventually, that chaos was linked to a family office, Archegos Capital Management, and its founder Bill Hwang.
This week, Hwang heads to trial in New York, where he faces charges including racketeering, and securities and wire fraud. The FT’s US legal correspondent Joe Miller examines the “novel” case prosecutors plan to pursue.
Clips from CNBC, Fox Business
- - - - - - - - - - - - - - - - - - - - - - - - - -
For further reading:
‘To what end?’: the murky question of Bill Hwang’s motive in Archegos trial
Archegos founder’s charity was financial ‘escape pod’, suit alleges
Hedge funds and brokers take aim at post-Archegos trading reforms
- - - - - - - - - - - - - - - - - - - - - - - - - -
On X, follow Joe Miller (@JoeMillerJr) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
210 επεισόδια
Manage episode 417060575 series 2284658
Three years ago, chaos struck Wall Street. Companies saw their share prices tumble, seemingly out of nowhere. Major banks lost billions of dollars in the fallout. Eventually, that chaos was linked to a family office, Archegos Capital Management, and its founder Bill Hwang.
This week, Hwang heads to trial in New York, where he faces charges including racketeering, and securities and wire fraud. The FT’s US legal correspondent Joe Miller examines the “novel” case prosecutors plan to pursue.
Clips from CNBC, Fox Business
- - - - - - - - - - - - - - - - - - - - - - - - - -
For further reading:
‘To what end?’: the murky question of Bill Hwang’s motive in Archegos trial
Archegos founder’s charity was financial ‘escape pod’, suit alleges
Hedge funds and brokers take aim at post-Archegos trading reforms
- - - - - - - - - - - - - - - - - - - - - - - - - -
On X, follow Joe Miller (@JoeMillerJr) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
210 επεισόδια
Όλα τα επεισόδια
×Καλώς ήλθατε στο Player FM!
Το FM Player σαρώνει τον ιστό για podcasts υψηλής ποιότητας για να απολαύσετε αυτή τη στιγμή. Είναι η καλύτερη εφαρμογή podcast και λειτουργεί σε Android, iPhone και στον ιστό. Εγγραφή για συγχρονισμό συνδρομών σε όλες τις συσκευές.