Key members leaving imploding SoftBank after the Nasdaq tech-wreck

The_Krakenite

The_Krakenite

Been reading a LOT of the drama the last few days regarding some of the bigger hedge funds that got sunk (or are sinking) after failed tech-trades. I just love this shit...

Key personnel from the fund have departed SoftBank, including Akshay Naheta, the former Deutsche Bank trader who ran the unit. He reportedly left SoftBank on Thursday, according to the FT's sources.

Naheta became notorious for both the Nasdaq Whale trades and his bet on Wirefraud Wirecard The 40-year-old is known for executing complex derivative transactions and earned notoriety for spearheading SoftBank’s controversial bet on the shares of fraudulent payments company Wirecard. Now that he's unemployed, perhaps he can spend more time advocating for the government to 'socialize' investors' gains--
More...

https://www.zerohedge.com/technolog...fund-unit-behind-infamous-nasdaq-whale-trades
 
You must log in or register to reply here.
Back
Top