Title: Video: Same Collateral Used 7 Different Times By Hedge Funds? Source:
https://www.youtube.com/watch?v=hFDPGNotjwk URL Source:https://www.investmentwatchblog.com ... ifferent-times-by-hedge-funds/ Published:Apr 5, 2021 Author:staff Post Date:2021-04-05 09:41:59 by Horse Keywords:None Views:63 Comments:2
WallStForMainSt 40.8K
More details are coming out about Archegos and the growing repo and collateral problems.
And the Fed is going to have to an more insane amounts of emergency liquidity.
A recent CNBC article that former Wall Street investment bank VP Caitlin Long reported on cited who the exact same collateral was used 7 times by hedge funds and family offices.
And this weekend the Financial Times is reporting that Archegos lost $110 billion in only 5 days and they were (over) leveraged by 500%!
It amazes me how people can do this and get away with it.
"Call Me Ishmael" -Ishmael, A character from the book "Moby Dick" 1851. "Call Me Fishmeal" -Osama Bin Laden, A character created by the CIA, and the world's Hide And Seek Champion 2001-2011. -Tommythemadartist