a
Menu
0

800-523-2319experts@tasanet.com

Articles

Archegos: The Questions Nobody Asks

TASA ID: 13992

There has been a lot of press articles on the Archegos blow-up already, but many important questions have still not been asked.

The Factual Background

Archegos Capital Management is a family office, which manages the money of Sung Kook "Bill" Hwang since 2013. Hwang is a "Tiger Cub", a former PM/Analyst from famous Tiger Management. Hwang was managing $500m of his own money, which he earned through his role as a portfolio manager in the previous decade.

Hwang started as a stock Salesman in early 90's at Hyundai Securities. After a legal battle which started in 2009, Hwang and his firm Tiger Asia Management pleaded guilty in 2012 to insider trading & stock manipulation charges. They settled $44m with the SEC and HKD 45m with the HK Securities and Futures Commission.

Archegos is actually the new name of his old company Tiger Asia Management. The firm is based in New York, since Hwang was banned from trading in Hong-Kong in 2014, as well as other Asian markets in which he specialized.

Archegos held large concentrated bets in a few companies, notably ViacomCBS, Discovery, Baidu, Tencent and Vipshop.

Besides his own stock positions (already large), he also held stocks synthetically through swaps at prime brokers.

The primes didn't know of the extent of his other prime relations and how large the positions were. The overall position was not $10bn, but more than $50bn - rumored to reach $100 bn.

The list of affected primes is increasing. Only JP and Deutsche seem to have escaped that wreckage. JP, because they refused to offer services to Archegos, and Deutsche, because they were quick to offload positions.

Uptrend of Nuclear Verdicts in the Trucking Industry

Written by Evidence Solutions Inc. (ESI)

TASA ID:

According to a report by the American Transportation Research Institute (ATRI), "Nuclear Verdicts" (defined as awards exceeding 10 million dollars) have been on a sharp rise over the last ten plus years. Not only have the number of these verdicts increased, the average award per case has also been skyrocketing. 

There are several hypotheses surrounding the reason behind this dramatic increase. Some have posited that the rise in medical costs necessitates these higher dollar awards, while others claim these increases have happened independent of other financial factors. The ATRI ranked this subject as one of its top research priorities back in 2019. They dove into the issue by looking at hundreds of cases from 2006 to 2019 within the newly created trucking litigation database. They looked at the growth of awards on average, and then did a statistical analysis in which they controlled for the other factors known to influence settlement size.

How Advisory Boards Can Help C-suite Executives and Boards of Directors (BoDs) Navigate Today’s Economy

TASA ID: 18518

Looking back at 2020, there were a lot of unknowns that businesses had to deal with. Those issues impacted both the daily and strategic decision-making of corporate leadership teams and boards. Meanwhile, we also saw massive cost cutting, as well as innovation and increases in productivity (from employees working remotely); with all those adjustments driving profit stability and even growth in many industries. As we move further into 2021, the remote workforce will continue to be a hot topic. It will involve intense debate on all sides as contractors, employers and businesses seek to come back together in a way that is acceptable to everyone, as well as provide a balance between productivity and in-person collaboration. Using a0dvisors and their networks can be, and is, a valuable resource to drive both internal and external strategic relationships and sales channels. 

What's Your Safety Personality?

TASA ID: 9075

Do you have a safety personality behind the wheel?  Yes!  Everyone has a safety personality.  That’s because everyone has a personality, and several universal personality dimensions affect safety behavior.  Driver personality is the strongest of various personal factors affecting safety outcomes, in my opinion.  Others include driver age, gender, sensory-motor performance (e.g., reaction time), medical conditions, and mental abilities.  All of these can affect driver crash risk, sometimes strongly.  Yet it is my conclusion that driver personality exerts the greatest enduring affects.

Which Five Factors Affects Driver Fatigue & Alertness The Least?

TASA ID: 9075

Here’s a quiz with just one question:  Which of the five factors affects driver fatigue (i.e., drowsiness) and alertness the least?  

A. Individual differences in susceptibility to drowsiness
B. Amount of prior sleep
C. Time-of-day
D. Prior continuous time awake
E. Prior continuous time driving

RSS
245678910Last

Theme picker

Categories

Loading
  • Let Us Find Your Expert

  • Note: This form is to be completed by legal and insurance professionals ONLY. If you are a party in a case that requires an expert witness, please have your attorney contact TASA at 800-523-2319.

Search Experts

TASA provides a variety of quality, independent experts who meet your case criteria. Search our extensive list of experts now.

Search Experts
b