Goldman at Nexus of Margin Call Mayhem

The video discusses a significant margin call involving Billabong, a former analyst at Tiger, who faced insider trading charges. His firm transitioned to a family office, becoming a major player in finance. Recent changes in government policies allowed him to regain financial backing, leading to a market upheaval. The video explores the causes and effects of this margin call, including the role of concentrated positions and leverage, and the subsequent market reactions.

What role did Viacom's equity deal play in the market movements described?

Discuss the implications of the margin limits being breached by the banks.