The Starling Compendium

By all measures, the week of March 22, 2021, began as a hopeful week on Wall Street—the third wave of the COVID-19 pandemic had largely subsided, workers were returning to the office, and financial markets were at all-time highs. By the end of the week, however, the decline of just a few media and technology stocks, precipitating the default of a single hedge fund, led to losses of epic proportions across multiple prime brokers ... (cont)