16 Welsh craft brewers you need to sample right now (plus some weird and wonderful ones we d like to try)
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Vornado leases 77,000 s/f for new school at 825 Seventh
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by Tyler Durden
Tuesday, Apr 06, 2021 - 05:45 PM
One week ago, in our initial take on the biggest hedge fund collapse since LTCM, we explained that - in our view - the catalyst for the failure of the Archegos hedge fund, which had as much as 10x leverage allowing it to hold some $100BN in positions, was Morgan Stanley and Goldman breaking ranks with their fellow prime brokers, and sparking the biggest margin call since Lehman and AIG.
Turns out we were right.
In the most detailed account yet of what happened in the fateful 24 hours between March 25 and 26, when many -