InvestorsHub Logo
Followers 737
Posts 76008
Boards Moderated 0
Alias Born 01/01/2012

Re: cngreen post# 63779

Tuesday, 03/21/2023 2:28:54 PM

Tuesday, March 21, 2023 2:28:54 PM

Post# of 64409
Credit Suisse was one bank that Hwang used - he doesn't own CS.

"The Wall Street Journal reported that Hwang lost US$20 billion over 10 days in late March, imposing large losses on his bankers Nomura and Credit Suisse."

And it wasn't about shorting - here you go:

"On April 27, 2022, Hwang and his former top lieutenant, Patrick Halligan, were arrested and charged with racketeering, conspiracy, securities fraud, and wire fraud as part of a scheme to harm investors.[17] In a 59-page indictment, Manhattan federal prosecutors alleged that Hwang and Halligan schemed to manipulate stock prices."

He wasn't playing with penny stocks.

That is what Deitsch does - he tried to manipulate the price of Nutra but was caught by two brokers.

IG

Vindicta violenta Dei contra fures