The Latest Wall Street Scandal – Archegos Capital Management – How To Loose $ 20 Billion In 2 Days

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This is the story of the latest financial scandal to rock Wall Street and the global financial industry. It’s one of those stories that only happens in the United States. It’s the story of Bill Hwang, a South Korean immigrant who, after arriving in the United States with his father, learned to read and write English while working at McDonalds, later became a successful financier in the multi-billion dollar hedge fund industry and has now left several of the world’s largest banks shaking in their boots.

China’s Worst Nightmare: Biden Isn’t Coming to Wall Street’s Rescue, Investment Is Further Banned

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More Chinese companies have been removed from global indices recently. Is that trend irreversible? Will DIDI set off a US-China capital market decoupling, and does the Biden administration have the power and will to rein in Wall Street?

Simone Gao had these discussions with Roger Robinson, Chairman of the Prague Security Studies Institute and former Chairman of the Congressional US-China Economic and Security Review Commission. He earlier served as Senior Director for International Economic Affairs at the National Security Council under President Reagan.