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Podcast: Patrick Boyle On Finance
Episode: The Archegos Capital Blow-up
Description: Send us a textArchegos Capital: The little-known family office of Bill Hwang convinced almost every big bank to lend enormous sums to it. One of the so-called Tiger Cub veterans of Julian Robertson’s Tiger Management fund, Hwang was, after all, a man who had run into trouble before, having been banned from trading in Hong Kong and fined millions in the US to settle illegal trading charges in 2012. Hwang, used to run a hedge fund called Tiger Asia, but he returned outside money aft...