By Jody Godoy NEW YORK, July 10 - Archegos Capital Management founder Sung Kook "Bill" Hwang was convicted of fraud and other charges by a jury in Manhattan federal court on Wednesday at a criminal trial in which prosecutors accused him of market manipulation ahead of the 2021 collapse of his $36 billion private investment firm. Prosecutors have said Hwang …
The Archegos meltdown sent shock waves across Wall Street and drew regulatory scrutiny on three continents. Archegos Capital Management founder Sung Kook “Bill” Hwang has been convicted of fraud and other charges by a jury in a Manhattan federal court at a criminal trial in which prosecutors accused him of market manipulation ahead of the 2021 collapse of his $36bn …
Billy McFarland is making another go at the music-festival thing—trust him. He got out of prison last spring, not long after serving a confounding six months in solitary confinement, and quickly launched exactly the press offensive one would imagine: “Billy McFarland Is out of Jail and Ready for His Next Move,” reads the headline in the New York Times, above …