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Acquired

Renaissance Technologies

8216.672 - 8239.131 Ben Gilbert

Oh, of course, there's millions and millions of trades going on inside the basket, but we don't own that basket. The banks do. We're just advising them. You can kind of see the logic here. Over time, eventually in 2021, the IRS said, no, you made all those trades. That was not a completely separate entity. And so you guys owed $6.8 billion in taxes that you didn't pay.

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