The Man Who Lost $36 Billion in a Week | Big Take
May 7, 2024
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17:09Now PlayingThe Man Who Lost $36 Billion in a Week | Big Take
YouTube Description
as posted by the channelBill Hwang amassed a fortune of $36 billion on Wall Street through his family office, Archegos Capital Management. But over the course of one week in 2021, the firm imploded. Federal prosecutors have since charged Hwang with 11 criminal counts, including securities fraud, wire fraud and racketeering.
Today, Bloomberg’s Sridhar Natarajan and Kathy Burton join host David Gura to discuss Hwang’s rise and fall and why his trial promises to be one of the biggest, and most interesting, in the history of Wall Street.
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