{"id":77732,"date":"2021-03-31T00:33:04","date_gmt":"2021-03-31T04:33:04","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=77732"},"modified":"2021-03-30T22:35:28","modified_gmt":"2021-03-31T02:35:28","slug":"meet-bill-hwang-the-man-behind-archegos-the-fund-that-sent-shockwaves-through-wall-street","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2021\/meet-bill-hwang-the-man-behind-archegos-the-fund-that-sent-shockwaves-through-wall-street.html","title":{"rendered":"Meet Bill Hwang, the man behind Archegos, the fund that sent shockwaves through Wall Street"},"content":{"rendered":"\n<p>(CNBC) A massive margin call affected a little-known family office last Friday, incurring billions of dollars in losses for certain banks involved and jolted the overall volatility of the broader market. Archegos Capital Management\u2019s leveraged bets in&nbsp;<a href=\"https:\/\/www.cnbc.com\/quotes\/?symbol=VIACP\">ViacomCBS<\/a> blew up and ignited a whopping $20 billion wave of forced liquidations at a slew of Wall Street banks, some of which face losses that could be \u201chighly significant.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/03\/30\/meet-bill-hwang-the-man-behind-archegos-capital-management.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) A massive margin call affected a little-known family office last Friday, incurring billions of dollars in losses for certain banks involved and jolted the overall volatility of the broader market. Archegos Capital Management\u2019s leveraged bets in&nbsp;ViacomCBS blew up and [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-77732","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=77732"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77732\/revisions"}],"predecessor-version":[{"id":77734,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77732\/revisions\/77734"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=77732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=77732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=77732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}