Cramer Today On Bill Hwang, Archegos, Credit Suisse - GME Update

Jim Cramer and David Faber discuss Bill Hwang, Archegos Capital, Credit Suisse and more. Bill Hwang was convicted of fraud and other charges in a Manhattan federal court on Wednesday. Prosecutors accuse Hwang of market manipulation ahead of the collapse of his Archegos Capital Management in March 2021. Prosecutors say Hwang caused more than $100 billion in shareholder losses and billions of dollars in losses for banks. Sentencing is scheduled for October 28. Many have wondered if the events surrounding Archegos Capital's collapse and Credit Suisse's naked short selling are connected to the events surrounding GameStop and GME stock that occurred in early 2021. Credit Suisse was recently fined by South Korean authorities for illegal naked short selling that began less than two weeks after Archegos Capital's collapse in 2021.


LEGAL DISCLAIMER: This video is for entertainment purposes ONLY. This does not constitute as financial advice. DO NOT make buying or selling decisions based on FinVid's videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc., financial advisor, or the appropriate professional for the subject you would like help with.

ATTENTION: Please note that we will NEVER accept payment to talk about any particular stocks on this channel.

Related Topics:
GME, GameStop, Roaring Kitty, Keith Gill, Ryan Cohen, AMC, AMC stock, AMC short squeeze, GME, GameStop, GME stock, GameStop stock, GME update, GME stock today, GME stock update today, GameStop stock update, GameStop stock today, GME short squeeze, AMC stock update today, short squeeze, finance news, AMC update, stock trading, wallstreetbets, wsb, investing, apes, Matt Kohrs, Trey's Trades, Ape Nation, stock news, stock market, short selling, margin, stocks, margin call, share lending, stock lending, lending shares, short interest, short sellers, short selling, Charles Payne, Charles Payne GME, Charles Payne AMC, stock market, trading stocks, investing in stocks, stock investing, investors, investing, Cramer, Cramer AMC, Jim Cramer, Cramer GME, Finvid

#GameStop #GME #AMC #GMEStock #AMCStock #AMCUpdate #GMEUpdate #GMENews #AMCNews #shortsqueeze #investing #stockinvesting #stocktrading #stockmarket #stocks

свернуть