The Ferragamo bag that handed $60,000 overrode a fund built on marks
A hedge fund managing billions in assets is entangled in a bizarre financial collapse, sparked by a designer bag filled with cash. The core question: was it fraud or catastrophe?
The Ferragamo bag that handed $60,000 overrode a fund built on marks
This episode delves into the strange financial collapse surrounding a hedge fund that claimed to turn a small investment into a billion-dollar empire. It explores the origins of its founder and the unique investment strategy that made its reported performance nearly impossible to verify.
Person: Mark Nordlicht
Date: 1968 (born), 1990 (graduated)…
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