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 Fund kena margin call sold $3 billion stocks, Exposure $15 billion USD of losses

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SUSxander83
post Mar 30 2021, 09:26 AM

Blast off like a rocket
*******
Senior Member
6,427 posts

Joined: Jan 2003
From: Autobiography!!!
QUOTE(MasterConfucion @ Mar 30 2021, 06:42 AM)
Money is just rich man game. U think what happen to him after this? Masuk jail? Beg on the streets? He just gonna declare bankrupt and move on with his life living in mansion and makan buffet everyday. Asset already masuk wife name.
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If the asset under the wife name they will have the right seize via civil suit

He would have been smart enough to hid his assets under a trust in Caribbean Islands tax haven which would means tax free and SECC would be having a hard time to seize the assets unless DOJ is involved

The same method that 1MDB but unfortunately too much exposure hence got caught big time rclxms.gif

 

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