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Bill Hwang arrested on fraud charges!
Patrick Boyle On Finance
Credit Suisse - What Lock Down Boredom Did to Bill Arcigos?
The s c and the c f t c have brought parallel civil cases against arkegos and whang. Bill went from assets of one point six billion to more than 36 billion dollars in just 12 months. In truth, the losses at credit swees can reasonably be blamed on supply chain disruptions as much as anything else. He was allegedly able to get away with this because of his use of derivatives. This is what lock down boredom did to bill.
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