$20 Billion Margin Call Causes Stocks To Collapse
The Young Investors Podcast
00:00
Stocks Can't Go Down. What Are You Talking Oboti?
Hang had similar deals with maybe four or five different investment banks. collectively, ah, he was required to put up twenty billion dollars. And of course, as i mentioned before, the fund like five billion dollars. They didn't have the money. As soon as he refused to make that call, a bank started to to declare that hang was in default,. basically saying he he doesn't have the capital to fund his, his his debts. Then all of a sudden, i i think it was a couple of days ago now, but it was basically all in one trading session, stocks just started to sell off massively.
Transcript
Play full episode
