Bill Hwang, "Tiger Cub Archegos Liquidation Triggers Record Crash in Discovery, ViacomCBS "

The GS and Morgan BWIC was clearly handled aggressively to be one and done on Friday. I'd be long (I was long 60 futures, now 15) if not for the Nomura news.

Anyway, it looks like the BWIC fills took Hwang close to zero or possibly debit.

 

Morgan Stanley shopping another 45 million VIAC Sunday night. Archegos have managed to lever $15b aum five times as they have registered as a family office not as a hedge fund and do not have to disclose positions.

VIAC should bid $10 a share. They sold stock at $85 last week!

see zerohedge Twitter.

 

Then the guy is debit. And no way he was worth $15B or whatever, so he was handling OPM.

 

This guy is a fucking idiot. Apparently God turned on him.

"It's not all about money."

 

No liquidity on VIAC in Asia. I don't believe a word of those tin hat Q mofos at ZeroBrain.

 

Nomura down 10% as they take $2b loss liquidating a fund.

All the prime brokers are liquidating the fund. Goldman front run the others on Friday after agreeing not to.

 

Stupid. If that were true, it would equate to collusion.

 

and US index futures went up massively during end of Last Fri trading session.

 

You arrived at that judgement 2 seconds after you heard the word "God"? LOL. He overleveraged and got burnt, with plenty of corpses littering the street due to overleverage. But it does not make him stupid because he is Christian.

 

I am long yen to cover the period before US market open, I stick to my guns, believe there is more downside in the market ahead.