35 Matching Annotations
  1. Dec 2024
    1. “lied to banks to obtain billions of dollars that they then used to inflate the stock price of a number of publicly-traded companies,”

      This shows a major part of his personality

    1. said cost global investment banks billions of dollars.close dialog Play/Pause Video Mute/Unmute Video Advertisementclose dialog/* effects for .bx-campaign-1663422 *//* custom css .bx-campaign-1663422 */.bx-custom.bx-campaign-1663422.bx-type-agilityzone .bx-close { z-index: 2;} /* KD - Remove padding from video wrapper and set height to 100% */.bx-custom.bx-campaign-1663422 .bx-row-video .bx-video-wrapper { padding-top: 0!important; height: 100%; min-width: 500px; max-height: 500px;}.bx-custom#bx-campaign-1663422 #bx-creative-1663422 .bx-wrap { height: auto;}/* KD - Change positioning to static as that was not necesaary and here you can adjust the height of the video element */.bx-custom.bx-campaign-1663422 .bx-row-video .bx-video-wrapper video { position: static; height: auto!important; min-width: 500px; max-height: 500px;}/* rendered styles .bx-campaign-1663422 */.bxc.bx-campaign-1663422.bx-active-step-1 .bx-creative> *:first-child {width: 100%;}.bxc.bx-campaign-1663422.bx-active-step-1 .bx-creative {background-color: transparent;border-style: none;max-width: 504px;min-width: 400px;}.bxc.bx-campaign-1663422.bx-active-step-1 .bx-close {stroke: white;background-color: black;border-style: solid;border-color: white;border-width: 1px;}.bxc.bx-campaign-1663422 .bx-group-1663422-AFvXBOB {padding: 10px;display: block;width: 100%;}.bxc.bx-campaign-1663422 .bx-element-1663422-J0EiS8Y {width: auto;}.bxc.bx-campaign-1663422 .bx-element-1663422-J0EiS8Y> *:first-child {padding: 2px 4px;font-size: 10px;color: rgb(255, 255, 255);text-transform: uppercase;background-color: rgb(0, 0, 0);background-color: rgba(0, 0, 0, 0.34);}#bx-campaign-1663422 form:focus { outline: 3px solid transparent; }

      Want to cause fear

    1. The bubble burst," said U.S. Attorney Damian Williams. "The prices dropped. And when they did, billions of dollars of capital evaporated nearly overnight."

      This quote is a great representation on what happened to Archegos

    2. 'house of cards'

      Already in the title, "house of cards" is being used as a metaphorical situation. In addition, it points to his business being an insecure situation or plan. The media is using wordplay to tear apart Archegos

    1. His downfall occurred when Hwang was unable to meet margin calls, as the prices of some of his favorite stocks began falling and various banks unloaded stocks that had backed his so-called total return swaps.

      The reason of the downfall

    1. Prosecutors accused Hwang of lying to banks about Archegos’s portfolio so he could borrow money aggressively and make concentrated bets on media and technology stocks such as ViacomCBS, now called Paramount Global.

      This can be accounted to his narassitic personality

    2. “It stands among a rare class of cases that truly could be described as a national calamity,” prosecutor Andrew Thomas said at the sentencing hearing before Hellerstein.

      Example of public relations. The prosecutor i choosing to be very careful with the words he is saying.

    3. In a statement to the court before Hellerstein announced the sentence, Hwang said he hoped the punishment would “allow me to serve as much as I can given the circumstances”.

      Trying to gain the trust so he will get a lesser sentence

    1. wang faces the prospect of spending potentially the rest of his life behind bars after a federal jury in Manhattan found him guilty on multiple counts of fraud

      Hwang has faced consequences

    2. Its buying was so prolific that Hwang ended up inadvertently triggering his own financial demise when the media company took its rising share price as a golden opportunity to issue new stock that could fund the heavy cost of content production.

      This is an example of scapegoating narritives

  2. Nov 2024
  3. Oct 2024
    1. I attack the enemy within. A murderous array of disease has to be fought against, and the battle is not a battle for the sluggard.”

      Example of a medical metaphor. The entailments of this metaphor are graphic. The words written depict a vivid image.

    1. She added that federal regulation that would require companies to abide by specific protocols is also needed to keep up the rapid pace of AI advancement.

      This can be taken as a fact because there is evidence that will be able to back it up.

    1. But the contest falls into a legal gray area and could potentially violate election law, according to interviews with several election law experts. While paying someone to vote or to register to vote is explicitly illegal under federal law, the lottery is contingent on signing a petition rather than merely registering to vote.

      This is crucial to note because although the competition seems cut and dry there is a loophole for legal action.

    2. The DOJ spokesperson declined to comment further and would not say whether the department had opened an investigation.

      This is important because if the DOJ decided to speak it could of backfired and caused chaos.