Chris Dolmetsch,
Chris Dolmetsch is a financial news reporter at Bloomberg. He covers the finance industry with a focus on regulatory issues and legal matters. Prior to joining Bloomberg, Chris worked at The Wall Street Journal for several years as a reporter covering banking and finance.
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The Daily's Verdict
This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.
Bias
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Conflicts of Interest
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Contradictions
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Deceptions
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Recent Articles
Bill Hwang Found Guilty of Criminal Charges in Archegos Capital Management Collapse, Faces Up to 20 Years in Prison
Broke On: Wednesday, 10 July 2024Bill Hwang, Archegos Capital Management founder, was convicted of securities fraud, wire fraud and conspiracy in two Manhattan federal court trials. The collapse of his firm resulted in $10 billion in losses for Wall Street banks and led to the sudden seismic effect on the market due to Hwang's large positions in ViacomCBS, Tencent and Discovery. Prosecutors allege Archegos used 'total return swaps' to gain stock exposure without ownership while hiding massive positions from banks.