4-20-2021: Banks Lost Billions of Dollars in First Quarter Due To Archegos Fund Meltdown

Published: April 21, 2021, 12:04 a.m.

While Morgan Stanley was the biggest prime broker to Archegos, other banks suffered larger losses-- how could this happen?

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TRIVIA QUESTION: "Looking back in time at the RETAIL business, I'm thinking of well-known brand that emerged in the 1920s-- and went on to symbolize how PUBLIC COMPANIES can go from thriving businesses to bankruptcy... as part of a cycle.\xa0WHAT is the name of the retail giant I have in mind?"



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