Video: Same Collateral Used 7 Different Times By Hedge Funds?

Source: https://www.youtube.com/watch?v=hFDPGNotjwk
Published: Apr 5, 2021
Author: staff
Post Date: 2021-04-05 09:41:59 by Horse
Views: 95

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%!

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#1: TommyTheMadArtist    To: Horse (#0)

It amazes me how people can do this and get away with it.

TommyTheMadArtist posted on 2021-04-06 00:04:56   Reply   Private Reply

#2: Horse    To: TommyTheMadArtist (#1)

They own the government and rob government accounts by the trillions.

Horse posted on 2021-04-06 00:58:41   Reply   Private Reply