Family Office blow up rattles markets

There was a lot of volatility last week and it had the markets curious to see what was driving it. Turns out that it was one family office that was causing the commotion. Excess leverage and some questionable risk management led to all this. This article is a nice account of what and how this happened.

https://www.wsj.com/articles/family-offices-like-archegos-take-big-risks-like-hedge-funds-11617223998?reflink=desktopwebshare_permalink