He Lost $36 Billion in a Week. Now Bill Hwang Is Fighting to Avoid Prison

Posted: May 01, 2024

- Bill Hwang, founder of Archegos, lost $36 billion in a week - Hwang is heading to trial to avoid prison after causing the downfall of Credit Suisse - Hwang claims a dream inspired him to commission an artist to bring his vision to life - The incident highlights the risky nature of trading and the potential repercussions for individuals and companies.



Summarized top reddit comments: - Bill Hwang lost billions in a week - He still has considerable wealth and a successful foundation - He has a history of getting away unscathed from similar trouble - He took risky bets with borrowed money which backfired - Some see him as a legend or inspiration, others as a loser



Stay ahead of the market with AI stock alerts & AI summaries of the latest earnings, stock ideas for free with Fluid Bot. Sign up now!