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Stock impact report

A Blockbuster Wall Street Trial Begins [BNN Bloomberg (Canada)]

Costco Wholesale Corporation (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Company Research Source: BNN Bloomberg
Bill Hwang amassed a fortune of $36 billion on Wall Street through his family office, Archegos Capital Management. But over the course of one week in 2021, the firm imploded. Federal prosecutors have since charged Hwang with 11 criminal counts, including securities fraud, wire fraud and racketeering. Today, Bloomberg's Sridhar Natarajan and Kathy Burton join host David Gura to discuss Hwang's rise and fall and why his trial promises to be one of the biggest, and most interesting, in the history of Wall Street. Read more: He Lost $36 Billion in a Week. Now Bill Hwang Is Fighting to Avoid Prison Listen to the Big Take podcast every weekday and subscribe to our daily newsletter Here is a lightly edited transcript of the conversation: David Gura: There's been a lot of action recently in the courts in New York City. A former president is one defendant. The one-time “golden boy of crypto” was found guilty of fraud. And this week, another major trial gets underway. The defendant i Show less Read more
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