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American flags outside the headquarters of Goldman Sachs Group Inc. in New York on Friday, March 5, 2021.

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by Tyler Durden Tuesday, Apr 13, 2021 - 05:02 PM All those who were saying that the prime brokers were lying when they said they were done dumping their Archegos holdings, well... you were right. Shortly after the close, David Faber reported that Credit Suisse - whose loss from Archegos has yet to be fully quantified but is big enough to result in massive layoffs and widespread bonus cuts because apparently it has no idea that when it is liquidating, it has to do so fast... ... hitting the market yet again with more legacy shares, in this tens of millions of shares of Discovery Class A, Class...

ViacomCBS, Discovery shares decline after recent records By Sinéad Carew Reuters (Reuters) - Shares in ViacomCBS and Discovery Inc tumbled on Wednesday, pausing a rally that has seen the stocks soar this year on increased appetite for value names, newly launched streaming services and an unwinding of bearish investor bets. ViacomCBS Class B shares last traded down 4.4% at $92.02 after hitting a record of $101.97 on March 15. Discovery shares last traded down 3.6% at $73.09 after hitting a high of $76.61 on Tuesday. ViacomCBS and Discovery have gained 146% and 142% year-to-date, respecti...