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Archegos Lied To Banks To Obtain Credit Lines, Jury Told

By Elliot Weld (May 20, 2024, 8:11 PM EDT) -- The former director of risk management at the fallen private capital fund Archegos told a Manhattan federal jury Monday that he lied to banks about the fund's portfolio to induce them to extend lines of credit at the direction of his former boss, Archegos Chief Financial Officer Patrick Halligan....

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