48 minutes | Apr 21, 2021

4-20-2021: Banks Lost Billions of Dollars in First Quarter Due To Archegos Fund Meltdown

While Morgan Stanley was the biggest prime broker to Archegos, other banks suffered larger losses-- how could this happen?

 

Today's Stocks & Topics: SLVO - Credit Suisse X-Links Silver Shares Covered Call ETN, NXPI - NXP Semiconductors N.V., Gold, SQ - Square Inc. Cl A, MO - Altria Group Inc., SWKS - Skyworks Solutions Inc., Sears, Voting for Board Members, CTMX - CytomX Therapeutics Inc., Restaurant Retail Chains.

 

TRIVIA QUESTION: "Looking back in time at the RETAIL business, I'm thinking of well-known brand that emerged in the 1920s-- and went on to symbolize how PUBLIC COMPANIES can go from thriving businesses to bankruptcy... as part of a cycle. WHAT is the name of the retail giant I have in mind?"



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