A "Very Surprised" JPMorgan Calculates The Damage From The Archegos Collapse

Source: https://www.zerohedge.com/markets/very-surprised-jpmorgan-calculates-damage-archegos-collapse
Published: Mar 30, 2021
Author: Tyler Durden
Post Date: 2021-03-30 12:55:36 by Horse
Views: 35

"In normal circumstances... we would have suspected industry losses of $2.5-5bn. We now suspect losses in the range of $5-10bn."

Poster Comment:

They steal more than that from the Pentagon every week so I would not feel sorry for them.

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