Billions | Axe must fend off a short squeeze

Описание к видео Billions | Axe must fend off a short squeeze

Bobby Axelrod must fend off a short squeeze - an attack on one of his important holdings - led by Chuck's father. Axe, who recognizes that the timing of it all means a "short-squeeze" and that someone must have discovered their position. While Wags suggests cutting losses, Axelrod orders him to stay the course and to get the prime broker on the phone (Farraday).
Bobby threatens Farraday over what will be a "$100 million dollar fuck-up", but Farraday says his hands are tied and if Axe does not make the borrow on the stock by opening bell tomorrow, he will lose his entire position. Determined to still make this work, Axe tells Wags to find the top 10 shareholders of Cross-Co that are hedge funds.

Prime Brokers: Prime brokerage is the generic name for a bundled package of services offered by investment banks, wealth management firms, and securities dealers to hedge funds which need the ability to borrow securities and cash in order to be able to invest on a netted basis and achieve an absolute return.

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