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A businessman walks up Wall Street in the financial district December 21, 2006 in New York City. Archegos Capital Management’s meltdown of Chinese stock, Viacom, Discovery, and others was a tumultuous market event last week. Archegos has deep ties to Wall Street legends such as Goldman Sachs, Bear Sterns, and Lehman Brothers
Firm at Source of Chinese Stock, Viacom, Discovery Crash has Housing Bubble Roots
The week of March 26 showed rarely seen explosive volatility in Chinese stock and commodities as Archegos Capital Management, a self-described family investment office, materialized billions of dollars in losses as Wall Street investment banks...
Chinese citizens have savings at a much higher rate than around the world. The photo is a stock image of Shanghai, China, on a clear day.
Will Chinese Citizens Be Coaxed Into Capital Markets?
On December 22, 2020, the China Securities Regulatory Commission (CSRC) held a meeting and discussed the topic of encouraging Chinese citizens to invest their savings in capital markets. This is the second time within 11...
BlackRock Inc is Gamestop's largest shareholder. Wall Street won and Redditors lost
Wall Street Behemoths Ate Reddit’s Gamestop Lunch
According to Wall Street behemoth JPMorgan, the fairytale spun by pundits about Reddit’s WallStreetBets organizing to “squeeze” badly positioned hedge fund short sellers of video game retailer Gamestop (NYSE: GME) in what has been affectionately...
US Treasury Secretary Janet Yellen will be meeting with financial regulators to discuss the high levels of volatility in the market regarding GameStop, a video game and merchandise retailer.
US Treasury Secretary to Meet With Financial Regulators About GameStop
U.S. Treasury Secretary Janet Yellen will be meeting with financial regulators to discuss the high levels of volatility in the market regarding GameStop, a video game and merchandise retailer. Frenzied trading of GameStop shares caused...
U.S. Vice President Joe Biden lectures at Sichuan University during his visit to China on August 21, 2011 in Chengdu, Sichuan Province of China. (Image: Getty Images) Communist China is eager to reconnect with its "old friends" after Biden becomes president.
Scholars Describe Communist China’s Presence in US
Political analysis Different from the Soviet Union, Communist China leverages economic strength to wield soft power over American politics and society Days after Democratic presidential candidate Joe Biden and his running mate Kamala Harris gave...
Di Dongsheng has boasted about the Chinese Communist Party's influence U.S. elites, including Wall Street and Joe Biden. Here, Di, an associate dean of international relations at China's Renmin University, gives a speech in Shanghai on November 28, 2020.
Chinese Professor: ‘At the Top of America’s Core Inner Circle of Power, We Have Our Old Friends’
The Fox News' Tucker Carlson Tonight program recently showed a video of an explosive revelation made by a Chinese professor. The professor, Di Dongsheng, is an associate dean of the School of International Studies at...