Banks Slump as Archegos Drama Unfolds

The transcript discusses recent market activities, focusing on block trades by Morgan Stanley on Viacom CBS. It explores leverage issues within funds and the industry, highlighting the role of prime brokers. The conversation delves into swaps and exposure, emphasizing the lack of regulatory disclosure. Finally, it addresses regulatory concerns and potential hidden risks in the financial system.

What questions should be asked to assess the risk of a fund's leverage?

How can the situation with Archegos Capital inform future regulatory practices?

In what ways can market behavior change when significant leverage is involved?