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Description: From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the world’s greatest fortunes.
Even on Wall Street, few ever noticed him — until suddenly, everyone did.

Source: Yahoo.Finance.com and Bloomberg.com

Date: Mar 30, 2021

Link: https://ca.finance.yahoo.com/news/one-world-greatest-hidden-fortunes-002617417.html

Questions for discussion:

  • Explain what happened.
  • What do you think regulators and investors should take away from this fiasco?

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