Archegos, a family office, brings Nomura and Credit Suisse big losses
More bad news may follow. But the episode already raises disquieting questionsMar 29th 2021BEFORE THIS WEEKEND, few people will have heard of Archegos Capital Management, an investment vehicle run by Bill Hwang, a former hedge-fund trader with a chequered past. But Archegos has emerged as the entity behind a fire sale of at least $20bn-worth…
Arsonist found guilty after googling ‘how to burn down own home’
To receive an insurance payout, Daniel Boyd Bromilow set his own home on fire and has been found guilty of arson.The firebug was found guilty of attempted fraud and arson after his home in Rockhampton was scorched in a blaze on May 28, 2019. The 29-year-old preserved his innocence in Rockhampton District Court throughout a…
Internet Enraged about Nike’s New ‘Satan Shoes’; Nike Denies Involvement
Published on Mar 29, 2021 by AnneAmerican Singer Lil Nas X released a controversial pair of unofficial limited-edition Nikes which he claims to be ‘Satan Shoes’. It was a collaboration work between the singer and a New York-based art collective called MSCHF. Using Nike Air Max 97s, the ‘Satan Shoes’ feature a pentagram and an…