$20 Billion Margin Call Causes Stocks To Collapse
The Young Investors Podcast
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Investing in the Stock Market
Hang had these deals with a lot of investment banks. It's estimated to be about fifty billion dollars of exposure on a five billion dollar portfolio. The other crazy thing was all this money was concentrated in just a handful of stock, so it wasn't widely diversified. Rit like it's thing for someone with a thousand dollars to take on ten thousand dollars in debt.
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