Podknife - The Man Who Lost $36 Billion in a Week by The Big Take

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The Man Who Lost $36 Billion in a Week

Podcast |: The Big Take
Publisher |: Bloomberg,; iHeartPodcasts
Media Type |: audio
Podknife tags |: Business,; News & Politics
Categories Via RSS |: News
Publication Date |: May 06, 2024
Episode Duration |: 00:17:08

Bill Hwang amassed a fortune of $36 billion on Wall Street through his family office, Archegos Capital Management. But over the course of one week in 2021, the firm imploded. Federal prosecutors have since charged Hwang with 11 criminal counts, including securities fraud, wire fraud and racketeering.

Today, Bloomberg’s Sridhar Natarajan and Kathy Burton join host David Gura to discuss Hwang’s rise and fall and why his trial promises to be one of the biggest, and most interesting, in the history of Wall Street.

See omnystudio.com/listener for privacy information.

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