16 upvotes, 1 direct replies (showing 1)
This could easily bankrupt at least one very large, previously successful fund
Did you know that bankrupt firms don't do? Buy back their short positions.
Comment by crazydr13 at 27/01/2021 at 04:07 UTC
8 upvotes, 1 direct replies
This is a very good point. I recall reading that if the fund can’t cover, it’s on the broker to cover the difference. If it’s a big enough position to bankrupt the broker then that’s a whole different story.