The Archegos Affair is still murky, but one way this could have larger, wider consequences is if every prime brokerage simultaneously tightens margin on hedge fund clients, and Archegos is just the spark for a big fat hedge fund deleveraging bonfire.https://on.ft.com/3waENaK
-
Show this thread
-
Replying to @RobinWigg
If only there was some famous historical example that would teach prime brokers not to give huge loans to opaque hedge funds. Well, I guess we have one now, and we can be confident nothing like this will ever happen again
2 replies 0 retweets 19 likes -
Replying to @RobinWigg @thinktankrico
Funny part is that they tried to do the same private bailout type of stuff but goldman blew it up and started shopping their block trades on Friday 
3:51 PM - 29 Mar 2021
from Manhattan, NY
0 replies
0 retweets
1 like
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.