The Stock Market Is Just One Hedge Fund Blowup Away from a Crash. Here’s the Ugly Math.

by Pam Martens and Russ Martens, Wall St On Parade: According to the most recent 13F filings made with the Securities and Exchange Commission, the biggest banks on Wall Street are each sitting on hundreds of billions of dollars of stock positions – which we are now learning include highly leveraged stock positions for hedge […]
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