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keepdreaming132

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keepdreaming132

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Wednesday, 03/31/2021 12:15:16 PM

Wednesday, March 31, 2021 12:15:16 PM

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Archegos was able to borrow so much that its failure created shockwaves large enough to ripple across Wall Street — and impact everyday Americans' retirement accounts.


In January, another hedge fund, Melvin Capital Management, nearly collapsed after its massive bets against GameStop (GME) were blown up by an army of traders on Reddit



A little-known hedge fund caused widespread chaos on Wall Street
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