CALPERS Increases AMC Stake, Sells Netflix Shares
CALPERS, the largest pension in America increased its AMC stake this first quarter again. Last year the institution loaded up on AMC and GameStop. During this time, the California Public Employees’ Retirement System (CALPERS) had sold an 11% stake…
Goldman Sachs’ Dark Pools Are Under Federal Investigation
Goldman Sach’s dark pools are under investigation according to an SEC report. The SEC published a report highlighting what essentially seems to be a deep audit. This is not the first time Goldman Sachs has been fined or investigated for abusing its…
DTCC B16845-22: Are Margin Calls on The Way?
On April 29, the DTCC released B16845-22 under the ‘settlement’ category. The subject reads: changes to DTC collateral haircuts. The notice is directed to all market participants and I’m going to touch topic on what this means down…
Archegos Founder Bill Hwang Has Been Arrested with 11 Criminal Counts
Archegos founder Bill Hwang and CFO Patrick Halligan were arrested and charged with 11 criminal counts. Federal prosecutors said Bill Hwang used Archegos as an “instrument of market manipulation and fraud.” The hedge fund managed to inflate its…
AMC Invests $250m in State of The Art Laser Projectors
AMC CEO and President Adam Aron just announced on Friday the movie theatre company spent a quarter billion dollars in state of the art laser projectors. The world’s largest movie theatre chain also acquired 7 new movie theatres earlier in April.…
