What Happened to Arcigos?

Viacom c b s announced a secondary stock offeringba ily to take advantage of the high stock price and raise some additional capital. This was bill's largest position, and according to the indictment, he mounted a massive offensive to boost viacom attempt to overpower the market. The two point six billion dollars in trading that he did that day consumed all of arcigos cash - meaning they would not be able to meet their margin calls if the offence had failed. On march 20 sixth, he ran out of time. The banks began unwinding the trade, sending the shares tumbling. But i think we can all guess what happened. It could be argued that being involved in scandals