BofA Engineer, ‘Grey's Anatomy' Fan Among Archegos Trial Jurors [BNN Bloomberg (Canada)]
Bank of America Corporation (BAC)
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Source: BNN Bloomberg
As of Thursday afternoon, what these people have in common is they all had been chosen as jurors in the trial of Archegos Capital Management founder Bill Hwang on fraud, racketeering conspiracy and market manipulation charges. Opening arguments are set to begin Monday in federal court in Manhattan. The typically diverse group of 12 jurors and six alternates emerged from a larger pool that was steadily winnowed down over two days. Prosecutors and defense lawyers continued to choose jurors to excuse well into the afternoon on Thursday. “We have a jury,” US District Judge Alvin Hellerstein announced when 12 were empaneled. Few of the jurors seem to have financial backgrounds, though one works as a software engineer at Bank of America. Hwang and his former chief financial officer, Patrick Halligan, are charged with scheming to manipulate some of Wall Street's biggest banks into inflating the value of Archegos' positions to as high as $160 billion before the family office imploded
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