Greed is not good: Hedge fund’s implosion hurts some of the world’s biggest banks

There’s no mystery about why a collection of the world’s larger and important banks lined up to provide so much funding and leverage to a character with Bill Hwang’s history.

source https://www.smh.com.au/business/markets/greed-is-not-good-hedge-fund-s-implosion-hurts-some-of-the-world-s-biggest-banks-20210330-p57f7q.html?ref=rss&utm_medium=rss&utm_source=rss_feed