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Yes, everyone is worried about rube-goldberg dominoes.Trades w 2 Cats wrote:Pasta Boss, $4 billion is a pretty good hit. Da Bozy on the internet are asking how many other but smaller situations are out there. They are predicting SEC and Fed will demand better disclosures and a couple of minor hedge funds will be lined up against a wall and shot very publicly.
When his prayer partner Kathy Woods and her ARK funds blow up I think they will be too big to fail and she will get some sort of Fed bail out. You saw where she re-wrote her docs allowing highly concentrated positions (same basic strategy).