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Morgan Stanley dumped $5 billion in Archegos’ stocks the night before

The night before massive fire sale hit rivals

After Morgan Stanley and Goldman sold the first blocks of shares with the consent of Archegos, the floodgates opened. Prime brokers including Morgan Stanley and Credit Suisse then exercised their rights under default, seizing the firm’s collateral and selling off positions 


Billions in Secret Derivatives at Center of Archegos Blowup


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