Does anyone remember the movie
Margin Call
, with
Kevin Spacey
,
Jeremy Irons
and
Demi Moore
?
Set in the age of junk mortgages, it recounts how a bank slammed and dumped all the mortgage-based bonds it has bought with borrowed money when it discovers that they are worth nothing.
This weekend, Wall Street had a
Margin Call
moment
.
But with much more morbid.
The Archegos hedge fund has had to rapidly liquidate its positions in a number of companies
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