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Up in a puff of smoke Foreground petrochemical plants operating illegally on Tsleil-Waututh Nation – People of the Inlet's Land, Glaciated Stratovolcanoes in the background.~ Images by Kulshan Grandfather Stan G. Webb - In Retirement © ™ ® ~ Author of An Intelligent Grandfather's Guides © ™ ® Posted to the Tsleil-Waututh Nation And Me © ™ ® |
How to Lose $20 Billion in Two Days
https://youtu.be/MhMhg97fmzE [16:12 minutes]
It would be hard to find someone who lost as much money as quickly as Bill Hwang did in March 2021. The previously unknown Wall Street whale and his family firm, Archegos Capital, triggered losses of more than $20 billion in just two days. The result was one of the most spectacular implosions in modern financial history. Read more about Bill Hwang on Bloomberg Businessweek: https://www.bloomberg.com/news/featur... #Asia #Storylines #BloombergQuicktake -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_... Become a Quicktake Member for exclusive perks: http://www.youtube.com/bloomberg/join Subscribe to Quicktake Explained: https://bit.ly/3iERrup QuickTake Originals is Bloomberg's official premium video channel. We bring you insights and analysis from business, science, and technology experts who are shaping our future. We’re home to Hello World, Giant Leap, Storylines, and the series powering CityLab, Bloomberg Businessweek, Bloomberg Green, and much more. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel QuickTake News for breaking global news and insight in an instant.
