As I understand it, Archegos Capital is not technically a hedge fund as is commonly understood by the phrase. To get around regulations, the guy organized his place as a “family office”. Global banks bracing for losses amid US hedge fund collapse
Governor Andrew M. Cuomo today announced completion of a study on the feasibility of municipalizing all or part of New York American Water Company, Inc.’s Long Island assets and operations. The study determined that municipalization of New York American Water is both feasible and, under several scenarios, in the public interest.
An anecdote about that: When I was living in Dallas years ago, and working at the Dallas Morning News, I remember how crazy it was one afternoon that police put out an alert about an armed robber on the loose in an Uptown neighborhood, but my newspaper would not give out the man’s race.