
Charges in Spectacular Archegos Debacle
Bloomberg Law
00:00
Is This Really Remarkable in the History of Securities Fraud?
James Carville: This is a really remarkable case. Typically when we think of securitys fraud, we think about a corporation issuing false statements to inflate the stock price. But now you have investors with family offices that are so large and are able to get so much of financing through these derivative, these total returns lops. And i think that th s b c will have to do some thinking about how we can best prevent these sorts of shots to the system from happening in the future.
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