
Charges in Spectacular Archegos Debacle
Bloomberg Law
00:00
Is There a Manipulation of the Stock Price of Public Company Stocks?
This is a really remarkable a typically when we think security's fraud, we think about a corporation issuing false statements to inflate the stock price. Think about enron 20 years ago issuing false financial statements. But now you have investors with family offices that are so large and are able to get so much of financing through these derivatives. The conventional understanding before was that in the big public company stock there's just too many shares out there for anyone to effectively manipulate the stock prices of those companies. This shows that that's no longer the case.
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