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Why It Matters
New York Times : Sources and filings: Situational Awareness lacked an investment risk team; after the sell-off, the SEC sent subpoenas to major banks about trades they financed — A meltdown at Situational Awareness, an A.I.-focused investment firm, is raising tough questions about the Wall Street banks that lent billions to the upstart firm.
Provenance
Discovered via TechMeme and published by techmeme.com.
Original description
New York Times : Sources and filings: Situational Awareness lacked an investment risk team; after the sell-off, the SEC sent subpoenas to major banks about trades they financed — A meltdown at Situational Awareness, an A.I.-focused investment firm, is raising tough questions about the Wall Street banks that lent billions to the upstart firm.
Discovered via TechMeme
Headline clustering and publisher rollups from Techmeme.
Publisher: techmeme.com
ID: https://www.techmeme.com/260930/p19#a260930p19 · Indexed about 2 hours ago