‘National calamity’: Former billionaire sent to jail over $55b collapse that rocked Wall Street

‘National calamity’: Former billionaire sent to jail over $55b collapse that rocked Wall Street

Sung Kook “Bill” Hwang was sentenced to 18 years in prison over the implosion of Archegos Capital Management, which cost Wall Street banks billions. Sung Kook “Bill” Hwang was sentenced to 18 years in prison over the implosion of Archegos Capital Management, which cost Wall Street banks billions. Business / Markets Sydney Morning Herald – Latest News

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