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Bill Hwang and the Archegos Capital Debacle
Description: The Archegos Capital debacle, synonymous with Bill Hwang, unfolded as a dramatic saga in financial markets. Bill Hwang, a former protégé of hedge fund legend Julian Robertson, established Archegos Capital Management as a family office managing immense wealth. The firm employed risky, highly leveraged trades, often through derivatives, betting heavily on tech and media stocks.
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