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so theres been a lot of questions about this firm called rk ghost the problem is that they were given an immense amount of leverage after their bank lenders said were okay with you having billions of dollars in these companies but not directly they were using complicated derivatives like contracts and difference and total return swap so they could reap the benefits of the companies without actually owning the stocks themselves another benefit was that it didnt have to disclose those holdings because it didnt directly hold the stock unfortunately those bad bets ended up losing a lot of money and by some estimates the banking industry could lose up to 10 billion dollars